Yes, This NYT Headline Is Real...and They Appear to Have a Muslim Terrorist...
US Prepares for Possible Ground Troop Deployment in the Middle East
CNN's Kaitlin Collins Set Up Scott Jennings Perfectly to Torch the Biden Administration
My Word, Ms. Spanberger, What Fresh Hell Is This Tweet?
Victory for President Trump’s DOGE – ACLJ Amicus Brief Affirmed
Our Long Road to War With Iran
Did We Avoid Another Terrorist Attack This Week? This Arrest in Texas Makes...
Globalize the Intifada? Authorities in the Netherlands Are Investigating Fire at Synagogue
What Can We Do About Islam in America?
More Questions Have Surfaced About Eric Swalwell's Eligibility to Run for California Gover...
Pete Hegseth Blasts Reports That the United States Did Not Plan on Iran...
All Six American Crewman Aboard Refueling Aircraft That Crashed in Iraq Confirmed Dead
Ex-Top Gun Pilot Says The Threat of Iranian Sleeper Cells 'Is Not a...
Even Obama's Former DHS Secretary Is Calling on Democrats to Fund DHS
California Scrambles to Bolster Drone Defenses After FBI Warns Iran May Target West...
Tipsheet

Trump Signs Executive Order Targeting 'Exploitive Ticket Scalping'

Trump Signs Executive Order Targeting 'Exploitive Ticket Scalping'
AP Photo/J. Scott Applewhite

President Donald Trump is set to sign an executive order to curtail exploitative ticket scalping in the entertainment industry. The order addresses concerns over inflated ticket prices and limited access to live events due to resellers and automated bots. By implementing stricter regulations, the move is intended to ensure that more Americans have a fair opportunity to purchase tickets at reasonable prices. 

Advertisement

On Monday, Trump announced he would sign an executive order to reform the live entertainment ticketing industry. The order will direct Treasury Secretary Scott Bessent and U.S. Attorney General Pam Bondi to ensure that ticket scalpers operate in full compliance with the Internal Revenue Code, among other laws. 

“Ticket scalpers use bots and other unfair means to acquire large quantities of face-value tickets, then re-sell them at an enormous markup on the secondary market, price-gouging consumers and depriving fans of the opportunity to see their favorite artists without incurring extraordinary expenses," a White House official told Fox News. "By some reports, fans have paid as much as 70 times the face value of a ticket price to obtain a ticket.”

The White House official said that artists or teams do not receive any additional profit for this, adding that it goes directly to the scalper and the ticketing agency. 

Within 180 days, the Treasury Department, the Department of Justice, and the Federal Trade Commission must submit a report outlining the steps to tackle unfair practices in the live entertainment industry. The report will also propose new regulations or legislation to better safeguard consumers. Trump’s executive order aims to ensure price transparency throughout ticket-buying, including resale platforms. It also directs officials to assess and, if necessary, take action against any unfair, deceptive, or anti-competitive practices within the secondary ticketing market.

Advertisement

The order will ensure that Americans can finally see their favorite artists or teams without spending a fortune. 

During his 2024 campaign, Trump promised to target ticket price gouging, saying that event ticket costs are "very unfortunate."  

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement