Trump Signs Executive Order Aimed At Scalpers
President Donald Trump, with Kid Rock in attendance, signed an executive order on Monday (3/31) that takes aim at ticket scalpers using “bots and other means to acquire large quantities of face-value tickets” and reselling them at “an enormous markup on the secondary market.”
“These bots — they come in and get all the good tickets to your favorite shows you want to go to,” Rock explained. “Then they’re re-listed immediately for sometimes a 500% markup. The artists don’t see any of that money.”
The Federal Trade Commission (FTC) must now collaborate with U.S. Attorney General Pam Bondi to make sure that ticket resellers are following competition laws. “I would love down the road if there’d be some legislation to actually put a cap on the resale tickets,” Rock concluded.
“Scalpers and bots prevent fans from getting tickets at the prices artists set, and we thank President Trump for taking them head-on,” wrote Live Nation in a statement. They promote, operate and manage ticket sales for live entertainment internationally. “”We support any meaningful resale reforms,”
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