Independent marketplaces offered Gillette Stadium seats at discounts exceeding 80% while Ticketmaster maintained primary prices above $100, providing a real-time example of how resale caps could weaken the competition that drives prices down.
Hours before BTS was scheduled to take the stage at Gillette Stadium on Wednesday, fans could buy last-minute tickets for less than $30 through multiple independent resale marketplaces.
Fans who relied exclusively on Ticketmaster saw a very different market.
Ticketmaster’s least expensive visible primary ticket for Wednesday’s concert was $135.20 including fees. Its portal displayed “Standard Admission” and “Preferred Seating” offers, but no Ticketmaster Verified Resale inventory appeared alongside them—indicating that official resale had likely been disabled by the venue or promoter.
Independent marketplaces told a different story. StubHub displayed Wednesday tickets beginning at $20 including fees. SeatGeek showed an all-in minimum of $24, while Ticket Club’s member pricing fell as low as $16. Those listings were roughly 82% to 88% below Ticketmaster’s baseline primary offer.

Above: Screenshot of Ticketmaster’s available tickets for Wednesday night’s show at Gillette Stadium. Below, tickets for the same show available at Ticket Club, an independent resale marketplace.

The discounts were not isolated. SeatGeek displayed more than 1,700 listings for Wednesday’s performance, with multiple upper-level offers clustered around $24. The same pattern held for Thursday’s second Foxborough show: Ticketmaster’s lowest price was $98.95, while StubHub, SeatGeek, and Ticket Club offered comparable upper-level seats between $25 and $37—roughly 63% to 75% below the “official” vendor.
For Thursday, Ticketmaster listed a standard-admission ticket in Section 304, Row 19 at $98.95, while SeatGeek displayed a ticket one row away in Section 304 for $36 including fees.

The contrast provides a concise illustration of the ticket market Massachusetts lawmakers are preparing to regulate—and the portion of that market their proposal would leave unrestricted. In this instance, independent resale marketplaces were the sole source of deeply discounted seats, while the official box office remained an high-priced outlier.
Unintended Consequences of Targeting Competition
Amendment 20, under consideration by the Massachusetts legislature as part of a broader economic-development package, would generally prevent concert tickets from being resold for more than 110% of their original price (excluding secondary service fees). Sporting events are exempt, and artists or venues may authorize higher resale prices via written contract. The amendment also includes broadly supported provisions restricting speculative ticket listings, deceptive site branding, and misleading availability claims.
Crucially, nothing in the proposal limits primary seller pricing. Massachusetts would place price caps, verification burdens, and enforcement risks on independent resale exchanges while leaving original sellers free to set initial prices, utilize dynamic or premium pricing tiers, restrict transfers, and control inventory releases.
That setup creates an asymmetric market. The downside of owning tickets remains unlimited, while the upside is hard-capped.
The imbalance could reduce participation in regulated resale markets over time. Professional sellers absorb losses when events underperform and depend on gains from high-demand events to make their broader inventory portfolios viable. Limiting that upside while preserving the entire downside would likely reduce the number of sellers, listings and transactions available through compliant marketplaces. The platforms themselves would also earn less from higher-value events while continuing to bear the costs of payment processing, fraud prevention, fulfillment and customer service.
Compliance asymmetry is another major concern. Ticketmaster already possesses original transaction data. Competitors would face massive operational hurdles trying to determine legal price ceilings when seats in the same section were sold at varying prices through fan presales, VIP tiers or dynamic drops.
The practical direction of the policy is clear: it restricts one of the few areas where Ticketmaster faces direct marketplace competition while preserving the company’s ability to capture demand during initial sales.
“Tonight, while Ticketmaster made fans jump through hoops and pay premium prices for BTS at Gillette, ticketholders are offering those same tickets on our members’ resale marketplaces for as low as $15—real proof that competition drives prices down,” Brian Berry, executive director of the Ticket Policy Forum, said in a statement to TicketNews.
“As currently written, this legislation caps that competition instead of including Ticketmaster box office ticketing that actually causes rising ticket prices in the first place,” Berry continued. “If the Governor and Senator Fernandes want fans to access cheaper tickets, they should fix the loophole that protects Ticketmaster’s monopoly, not eliminate the deals that Massachusetts fans are getting right now.”
The Risk of Targeted Regulation Impacting Only Half the Market
Without independent exchanges to absorb excess inventory, Ticketmaster and its venue partners face little pressure to lower primary pricing. Furthermore, when official resale is permitted, primary platforms can impose minimum listing prices that prevent fan-owned tickets from undercutting unsold primary stock.
TicketNews has documented this dynamic across several major tours. Bruce Springsteen and the E Street Band drew headlines when independent exchanges had tickets for a Tulsa stop priced as low as $7, while official Ticketmaster resale listings were locked at no less than $74. Other performers with similar documented price-floor implementation include Travis Scott and Dead & Company.
Weakening independent exchanges risks handing dominant primary gatekeepers practical control over both sides of the transaction—controlling initial release prices, resale availability and secondary price floors.
The resale discounts at Gillette were accompanied by another notable trend: a sharp spike in primary availability on show day.
On Wednesday morning, Ticketmaster displayed 163 purchase options—up from 38 the previous day—citing an active “Limited Production Release.” While late inventory drops are common as production holds clear, promoter Live Nation and management company HYBE had previously announced that the tour sold out within hours.
Holdbacks for production, sponsors or fan programs are not inherently improper. TicketNews recently examined programs from Coldplay, Olivia Rodrigo and Charli XCX that intentionally hold back inventory for affordable $20 day-of-show drops.
The consumer issue is a lack of disclosure. Fans who bought expensive primary or secondary tickets early under the impression the show was sold out suddenly find themselves competing against late primary drops. When unannounced inventory hits the market close to showtime, secondary prices crash. None of these holdback or disclosure practices would be addressed by Amendment 20.
Massachusetts Considering Regulations Without Hearings
Massachusetts lawmakers have conducted little public analysis of Amendment 20’s competitive effects. Introduced by Sen. Dylan Fernandes, the measure was added to a massive economic-development package without a dedicated public hearing or substantive committee report before being sent to a House-Senate conference committee.
California’s consideration of similar legislation offers a stark contrast. Although AB 1720 also proposed a 10% resale limit, nonpartisan legislative committee staff rigorously analyzed the mechanism and placed key concerns into the public record:
Unaddressed Root Causes: Staff questioned whether resale caps address consumer harm when overall affordability is largely driven by dynamic pricing, holdbacks and primary fee structures.
Lack of Empirical Basis: Reports noted that proponents failed to provide market data justifying a 10% threshold over other figures.
Antitrust and Marketplace Impact: The California Senate Judiciary Committee explicitly examined how resale restrictions could interfere with active federal and state antitrust litigation against Live Nation and Ticketmaster, warning that capping secondary economics might undermine structural remedies intended to restore market competition.
The concern also surfaced during a California Senate Judiciary Committee hearing. Ticketmaster supports AB 1720, although sponsor Assemblymember Matt Haney told lawmakers the company had “never had anything to do with this bill.” Judiciary Committee Chair Tom Umberg questioned whether lawmakers should advance a measure that could affect the competitive environment while California and other states were seeking structural remedies against Live Nation and Ticketmaster.
“What this does is it impacts the remedies that are a consequence of the lawsuit and based on actual lived experience,” Umberg said. “It is my view that the legislature should not be engaged in intervening or influencing active litigation.”
While California’s official analyses questioned whether resale caps inadvertently protect market dominance, Massachusetts skipped any committee process by moving the core of Sen. Fernandes’ draft legislation into a sprawling economic-development package, avoiding a public airing of the debate over the merits and consequences of such regulations.
Live Nation and the Fix the Tix coalition go out of their way to frame resale restrictions as consumer-protection measures designed to curb extreme markups. However, the commercial effect is to shift control back to primary gatekeepers while narrowing the market where independent exchanges compete.
At Gillette Stadium, that competitive market allowed Massachusetts fans to secure BTS tickets for as low as $16 while Ticketmaster’s primary inventory started at $135.20.
Resale is not purely a markup engine; tickets are perishable assets. When demand falls short, secondary sellers must cut prices or risk taking a total loss. A resale-only cap intervenes when market value rises, but provides zero relief when official primary prices remain far above actual market demand.
Offices for Gov. Maura Healey and Sen. Fernandes did not respond to questions about the Gillette Stadium pricing data and the proposal’s treatment of primary and secondary ticketing before publication.




