Trump Signs Order to Crack Down on Ticket Price Gouging

Contact Your Elected Officials
The Epoch Times Header

The FTC is ordered to prevent โ€˜unfair, deceptive, and anti-competitive conduct in the secondary ticketing market.โ€™

President Donald Trump signed an executive order on Monday aimed at curbing โ€œexploitative ticket scalpingโ€ and price-gouging practices in live entertainment events.

โ€œAmericaโ€™s live concert and entertainment industry is the envy of the world,โ€ Trump stated in his order. โ€œBut it has become blighted by unscrupulous middlemen who sit at the intersection between artists and fans and impose egregious fees while providing minimal value.โ€

The order directs the Federal Trade Commission (FTC) to work with Treasury Secretary Scott Bessent and Attorney General Pam Bondi to ensure that scalpers who buy event tickets in bulk and resell them at inflated prices fully comply with the Internal Revenue Code and other applicable laws, according to a White House fact sheet.

It also instructs the FTC to โ€œensure price transparency at all stages of the ticket-purchase processโ€ and to โ€œtake enforcement actionโ€ if deemed appropriate to prevent โ€œunfair, deceptive, and anti-competitive conduct in the secondary ticketing market.โ€

The order specifically emphasized enforcing the Better Online Ticket Sales (BOTS) Act, which grants the FTC authority to take action against scalpers who use bots to buy tickets.

Singer-songwriter Kid Rock, whom Trump described as โ€œa good friendโ€ for many years, was also present during the signing in the Oval Office.

Kid Rock, whose real name is Robert James Ritchie, called the move โ€œa great first stepโ€ in tackling ticket scalping and thanked Trump for making it happen โ€œat lightning speed.โ€

He also voiced hope for the passing of legislation that would cap the price of resale tickets.

โ€œAnyone whoโ€™s bought a concert ticket in the last decade, maybe 20 years, no matter what your politics are, knows it is a conundrum,โ€ the musician said at the event.

โ€œYou buy a ticket for $100. By the time you check out, itโ€™s $170. You donโ€™t know what youโ€™ve been charged for, but more importantly, these bots you know, they come in, they get all the good tickets to your favorite shows you want to go to, and then theyโ€™re re-listed immediately for sometimes 400 or 500 percent markup,โ€ he added.

Byย Aldgra Fredly

Read Full Article on TheEpochTimes.com

The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Canada Forces Man to Remove Cameras From Private Property Amid Anti-Racism Push

Government expands its surveillance powers, while restricting citizens from monitoring their own property, citing concerns over โ€œracism.โ€

Are the E. Jean Carroll Lawsuits a RICO Case?

Trump lost his appeal in the E. Jean Carroll cases, leaving him liable for $83.3M. He plans to take the matter to the U.S. Supreme Court.

All Apologies For the Culture War Slop

"Forgive me for ignoring the elite-driven political/economic excesses, focusing instead on divisive culture war slop."

Rising sea levels are less of a threat than we were told

New study challenges climate alarmism: sea levels aren't rising faster than the past century, despite dire warnings of floods and mass migrations.

President Trump is Being Wrongfully Obstructed on Tariffs

Podcaster Zach De Gregorio, in โ€œWolves And Finance,โ€ delivers a sharp editorial unpacking the truth behind Trumpโ€™s international tariff policies.

Authors of โ€˜Astonishingโ€™ Study Showing Unvaccinated Kids Are Healthier Refused to Go Public With Results

Attorney Aaron Siri told the Senate a major study found vaccinated children were significantly more likely to develop chronic diseases.

US Government Imposes Sanctions on Cyber Scam Centers in Southeast Asia

U.S. govt has imposed sanctions on 19 individuals and entities for their alleged roles in an extensive network of scam centers in Burma and Cambodia.

DOJ Announces Federal Charges Against Suspect in Fatal Stabbing of Ukrainian Woman

DOJ charged man accused of fatally stabbing Ukrainian refugee on a light-rail in Charlotte, amid a growing national outcry over her murder.

Texas A&M Ousts 2 Officials After Student and Professor Clash Over Gender Identity Lesson

Texas A&M officials were removed and DOJ probe launched after video showed prof. dismissing student over gender lesson in children's literature class.

Trump Runs out of Patience With China, Sharpens His Words

President Donald Trumpโ€™s recent remarks targeting China and its allies mark a noticeable shift in tone.

Trump Signs Order Renaming Department of Defense as Department of War

President Donald Trump on Sept. 5 signed an executive order renaming the Department of Defense as the Department of War.

Trump Signs Executive Order Targeting Countries That Unlawfully Detain Americans

President Trump signed an EO on targeting the unlawful detention of American citizens around the world and to facilitate the release of hostages.

Trump Sends Warning to Venezuela After US Military Strikes Boat Allegedly Carrying Drugs

President Trump sent a warning to Venezuela after the U.S. military struck what the administration says was a boat carrying drugs in the Caribbean.
spot_img

Related Articles