South Korea's ticket scalping crackdown: What changes on Friday
Key takeaways
Quick summary- 1South Korea's Ministry of Culture, Sports and Tourism on Friday began enforcing sweeping anti-scalping regulations that expose ticket resellers to administrati…
- 2The enfor
South Korea's Ministry of Culture, Sports and Tourism on Friday began enforcing sweeping anti-scalping regulations that expose ticket resellers to administrative penalties of up to 50 times their total sales and introduce cash rewards for tipsters who report violations. The enforcement decrees, which are amendments to the Performance Act Enforcement Decree and the National Sports Promotion Act Enforcement Decree, took effect Friday, six months after the parent statutes were revised in February.
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