Trump to sign executive order to protect Americans from ‘exploitive ticket scalping

president Donald Trump is expected to sign an executive order to protect Americans from “exploitative tickets” in the music and entertainment industry, Fox News Digital has learned.

The CEO of the Chairman will direct the Federal Trade Committee to work with the Public Prosecutor to ensure the implementation of competition laws in the music and entertainment industry.

This will also lead to the application of the BOTS sales law on the Internet better and enhances its implementation by the state’s consumer protection authorities.

The president will also guarantee price transparency in all stages of the purchase of tickets, including through the secondary ticket market; It will evaluate, and if this is a treatment, take enforcement measures to prevent “unfair, deceptive, and anti -competition” behavior in the secondary ticket market.

The president’s order will also guide the prosecutor and the treasury secretary to ensure that the ticket clinics work in full compliance with the internal revenue law and other laws.

According to the matter, the Ministry of Treasury, the Ministry of Justice, and FTC will also provide a report within 180 days to summarize the measures taken to counter the issue of unfair practices in the party and entertainment industry and will recommend additional regulations or legislation required to protect consumers.

This comes after President Trump pledged, on the campaign’s path, to work to combat high ticket prices. During the campaigns, the president described the current system where fans are priced as “very unfortunate.”

A White House official told Fox News Digital that the president is “committed to making arts and entertainment that enriches the lives of Americans as far as possible.”

The official said that the industry of live and recreational parties in America has a total economic impact in the country of 132.6 billion dollars and supports 913,000 jobs.

A White House official said: “The men of the mid -conscience who imposed terrible fees have become on the fans without any benefit to the artists,” a White House official said.

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A White House official said: “Ticket owners use robots and other unfair means to acquire large quantities of tickets with a value of face, then resell them with a huge classification in the secondary market, and consumers who gather in prices and deprive fans of the opportunity to see their favorite artists without incurring unusual expenses.” “With some reports, fans pushed up to 70 times the nominal value of the ticket price to obtain a ticket.”

The official added that when this happens, the artists “do not get any additional profit – it only goes to the bow and tickets.”
This is a developing story. Please check again for updates.