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ALBANY, N.Y. (AP) - Open your wallets, Yankees fans. New York scalpers can now legally sell tickets to the highest bidder without fear of getting pinched.
Gov. Eliot Spitzer signed a measure officially ending the limits on how much brokers add to the face price.
The previous law — widely ignored even before it was replaced Friday — limited markups to 45 percent for tickets to large venues such as Yankee Stadium and Madison Square Garden, and 20 percent for facilities with fewer than 6,000 seats, including Broadway theaters.
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