POTUS Trump is taking executive action to protect fans from exploitative ticket scalping and bring commonsense reforms to live entertainment.
The Order directs the Federal Trade Commission to:
— Work with the Attorney General to ensure that competition laws are appropriately enforced in the concert and entertainment industry.
— Rigorously enforce the Better Online Ticket Sales (BOTS) Act and promote its enforcement by state consumer protection authorities.
— Ensure price transparency at all stages of the ticket-purchase process, including the secondary ticketing market.
— Evaluate and, if appropriate, take enforcement action to prevent unfair, deceptive, and anti-competitive conduct in the secondary ticketing market.
— The Order directs the Secretary of the Treasury and Attorney General to ensure that ticket scalpers are operating in full compliance with the Internal Revenue Code and other applicable law.
— Treasury, the Department of Justice, and the FTC will also deliver a report within 180 days summarizing actions taken to address the issue of unfair practices in the live concert and entertainment industry and recommend additional regulations or legislation needed to protect consumers in this industry.
REPORTER: Marine Le Pen got convicted in court and is now banned from running for office for 5 years. Do you have a comment?
POTUS Trump: “That’s a big deal… a lot of people thought she wasn’t going to be convicted of anything… that sounds very much like this country.”
Trump is joined in the Oval Office by Kid Rock for the signing of an executive order targeting unfair scalping of concert tickets:
“This is a great first step.”
Trump, joined by Kid Rock, has officially signed an executive order to crack down on price gouging and ticket scalping in the entertainment industry.
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Trump EO protect fans ticket scalping, competition laws, joined by Kid Rock; Marine Le Pen convicted