Ontario fines StubHub $20,000 under new law capping ticket resale prices

Ontario fines StubHub $20,000 under new law capping ticket resale prices TARA DESCHAMPS TORONTO THE CANADIAN PRESS PUBLISHED 1 HOUR AGO Open this photo in gallery: Fans gather to watch Oasis perform in Toronto, in August last year. Ontario has fined Stubhub over ticket resales related to unspecified events. SAMMY KOGAN/THE CANADIAN PRESS COMMENTS SHARE SAVE FOR LATER The Ontario government has fined ticket reseller StubHub Canada Ltd. $20,000 under a recent law that caps the sale of seats at face value. The province’s consumer beware website shows a $10,000 fine for allegedly making a ticket available for sale above face value and another $10,000 for facilitating a transaction without having proof of the original price. The website shows both fines were issued on Sept. 9 but does not say what events the penalties were linked to. StubHub still listing resale tickets despite Ontario’s new price cap rules StubHub Canada and the province did not immediately provide comment on the penalties. The company has been on notice since the spring, when the province sent 27 ticket resale websites, including StubHub, letters announcing the businesses would be inspected for non-compliance with the new law. It later added StubHub and SeatGeek Canada to the consumer beware list, fining SeatGeek Canada $25,000 in August for flouting the price cap law. Sign up for our new Business Brief newsletter. A daily look at the most important business stories that are making news and moving markets, written by Chris Wilson-Smith SIGN UP EXPLORE NEWSLETTERS Report an editorial error Report a technical issue Comments Read or post comments Related stories Kenneth Law, who admitted to aiding suicides, told psychiatrist he saw his actions as humane Two Ontario Sikh Temples face lawsuit over $13-million in loans linked to former Liberal MP NFL fans in U.K. cite ticket prices and ‘team fatigue’ for unsold seats as London hosts trio of games Diversions Horoscope Daily astrology with Sally Brompton Daily Crossword Solve today's puzzle Daily Cryptic Witty word play at its best Sudoku Three difficulty levels to solve Follow related authors and topics LEGAL AND JUDICIAL NEWS FOLLOW ONTARIO FOLLOW POLICY AND REGULATION FOLLOW TORONTO FOLLOW Authors and topics you follow will be added to your personal news feed in Following. Interact with The Globe HEALTH & WELLNESS NEWSLETTER Be well Keep up to date on the latest nutrition news and dietary advice, fitness tips and…