Senator Schumer proposes waiting period for ticket resellers

I agree with Senator Schumer's idea with regard to the sale of tickets. I know firsthand how frustrating it is to see tickets be scooped up within a matter of seconds and an event to be sold out before I even click my mouse and enter in the appropriate information. With Ticketmaster and Live Nation trying to merge, I see the potential for ticket prices to be increasing anyways because essentially they will have close to a monopoly on the ticket market. Instead of allowing people to resell the tickets they buy for a profit, I would like to see the real fans get the opportunities to watch the concert or sporting event of their choice. Whenever I wish to go to a Phoenix Suns game, I always have to purchase the tickets from a secondhand broker because of how quickly their tickets sell out on Ticketmaster. I can see how people are just trying to make a living by reselling the tickets, but as a fan I get discouraged when I see tickets being sold for way over face value. I still am a bit perplexed by how Senator Schumer thinks this will stop secondhand selling as all it probably will do is delay the ticket sales from being resold for a couple of days rather than eliminate the problem altogether. But in the same vein, I can appreciate that he is trying to take a step in the right direction and am pleased that it has become an issue for discussion in the Senate.