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President Donald Trump is poised to sign a significant executive order aimed at protecting Americans from predatory ticket scalping in the concert and entertainment sector, sources indicate. This move is expected to address the rampant exploitation fans face when trying to purchase tickets to their favorite events.
The forthcoming executive order will instruct the Federal Trade Commission to collaborate with state attorneys general to ensure the rigorous enforcement of competition laws specifically within the concert and entertainment marketplace.
Additionally, the order will mandate the enforcement of the Better Online Ticket Sales (BOTS) Act. This provision aims to enhance the regulation of ticket sales and holds state consumer protection authorities accountable for upholding fair practices in the industry.
Ensuring Transparent Ticket Pricing
To further safeguard consumers, the president’s executive order will prioritize price transparency throughout all phases of the ticket purchasing process. This includes scrutiny of the secondary ticketing market, which has come under increasing criticism for its lack of fair pricing.
The order mandates that enforcement actions be considered to combat
