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Trump plans executive order targeting ticket scalping, according to document [View all]
Trump plans executive order targeting ticket scalping, according to document (Reuters)WASHINGTON (Reuters) -President Donald Trump on Monday planned to sign an executive order aimed at protecting fans from "exploitative ticket scalping" and reforming the U.S. live entertainment ticketing industry, according to a White House fact sheet seen by Reuters.
The order directs Treasury Secretary Scott Bessent and U.S. Attorney General Pam Bondi to ensure that ticket scalpers are in full compliance with the tax-collecting Internal Revenue Service and other applicable law, the fact sheet said.
The order directs the Federal Trade Commission to work with the U.S. attorney to ensure that competition laws are appropriately enforced in the concert and entertainment industry, it said.
In January, U.S. senators assailed Live Nation Entertainment's lack of transparency and inability to block bot purchases of tickets, in a hearing called after a major fiasco involving ticket sales for a Taylor Swift concert tour.
The order directs Treasury Secretary Scott Bessent and U.S. Attorney General Pam Bondi to ensure that ticket scalpers are in full compliance with the tax-collecting Internal Revenue Service and other applicable law, the fact sheet said.
The order directs the Federal Trade Commission to work with the U.S. attorney to ensure that competition laws are appropriately enforced in the concert and entertainment industry, it said.
In January, U.S. senators assailed Live Nation Entertainment's lack of transparency and inability to block bot purchases of tickets, in a hearing called after a major fiasco involving ticket sales for a Taylor Swift concert tour.
https://news.yahoo.com/news/trump-plans-executive-order-targeting-202432986.html
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He's targeting the bots and the scalpers, but no specific mention for going after Tickmaster.
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