President Donald Trump signed an executive order on Monday that targeted ticket resellers and scalpers who profit from jacking up the prices.
Recording artist Kid Rock joined the president for the signing. The order directs the Federal Trade Commission and the Department of Justice to team up with state attorneys general to enforce laws that prevent entertainers and fans from being overcharged and price gouged by resellers, per The Hill.
The EO also highlights the Better Online Ticket Sales (BOTS) Act and promotes it being enforced by consumer protection authorities.
It also ensures price transparency at all stages of the ticket-purchasing process, including the secondary ticket market, as a better protection for concertgoers. The EO says it will take action to prevent “unfair, deceptive, and anti-competitive conduct” in the secondary ticketing market.
“Anyone who’s bought a…
