Overview

• President Donald Trump signed an executive order targeting exploitative ticket scalping practices in the live entertainment industry.
• The order tasks the FTC, DOJ, and Treasury Department with enforcing the BOTS Act and competition laws to address unfair ticket reselling practices.
• Federal agencies are required to submit a report within 180 days outlining actions taken and recommending additional measures to protect consumers.
• The directive aims to ensure price transparency throughout the ticket-buying process, including on resale platforms, and to crack down on bot-driven bulk ticket purchases.
• The live entertainment industry, valued at $132.6 billion and supporting 913,000 jobs, has faced scrutiny for inflated resale prices, with some fans paying up to 70 times face value.