“The subsequent bureaucracy of cancelling ticket bookings and transferring the money back would be over with.” Good one. I had a flight (DUS 2 MUC) cancelled yesterday (due to strikes). Two clicks in the app, and the money was back in my account 20 minutes later.
This law will only do 2 things: a) Increase prices for tickets b) Will create a lot of friction. Just imaging you credit card being stolen/lost a day before the flight. Or you accidentally spending your credit on something else before the money is taken.
If you buy a cinema ticket for next weeks premiere, do you want to pay now, and have the ticket safe, or pay when you actually go to the cinema.