The White House Directive on Ticket Scalping
The White House article outlines a directive aimed at addressing unfair practices in the live entertainment market, particularly the issues related to ticket scalpers. These scalpers use automated software to purchase tickets in large quantities at face value, which they then resell at significantly inflated prices, often leaving fans facing high costs to attend events. This practice not only harms consumers but also deprives artists of potential earnings, as profits are directed to scalpers instead of going to the performers.
To tackle these challenges, the administration has instructed the Attorney General and the Federal Trade Commission (FTC) to enforce competition laws within the concert and entertainment industry. Specific actions include rigorous enforcement of the Better Online Ticket Sales Act, ensuring price transparency throughout the ticket-buying process, and reviewing the secondary ticketing market for unfair or deceptive practices. Additionally, the administration plans to ensure that ticket scalpers comply with tax regulations and other applicable laws.
The order mandates a report within 180 days from various officials, detailing the actions taken to implement these measures and recommending any further regulations necessary to protect consumers. The overall goal is to enhance access to the arts and entertainment for Americans while curbing the exploitative practices that have developed in the ticketing industry.
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