Donald Trump Kid Rock

Read Time:1 Minute, 8 Second

Donald Trump took action to address the ticketing industry’s problems Monday by signing an executive order aimed at addressing ticketing fees and scalpers. The order was signed in the Oval Office, accompanied by country singer Kid Rock. Videothe executive order is designed to protect consumers from inflated prices during ticketing for concerts and sporting events. Specifically, it directed the Federal Trade Commission (FTC) to work with the Attorney General to ensure that competition law is enforced within the entertainment sector. The order also strengthens the better online ticketing sales (BOT) bill and encourages state consumer protection authorities to enforce it more effectively. It aims to ensure transparency in air ticket pricing, including in the secondary ticket market and to curb “unfair, deceptive and anti-competitive behavior.” In addition, the order requires the Ministry of Treasury, Justice, Justice and the FTC to submit a report within 180 days to protect these unfair measures, and further action has been taken in this detailed measure. The transparency of the “garbage fee” and hidden costs have swelled the prices of concert tickets, hotel rooms, etc. The White House estimates that consumers pay as much as 20% due to these hidden fees, while the FTC reports that consumers waste 50 million hours a year trying to find the full cost of goods and services.

Source link