NewsFinale
  • Home
  • News
  • Local News
  • Business
  • Health
  • Finance
  • Celeb Lifestyle
  • Crime
  • Entertainment
  • Advertise Here
Gleammour AquaFresh
NewsFinale
  • Home
  • News
  • Local News
  • Business
  • Health
  • Finance
  • Celeb Lifestyle
  • Crime
  • Entertainment
  • Advertise Here
Home Local News Trump takes aim at ticket scalpers and high live event fees for price-gouging.

Trump takes aim at ticket scalpers and high live event fees for price-gouging.

Trump targets ticket scalpers and high live event fees over price-gouging
Up next
CBP in Texas confiscates 242 pounds of smuggled Mexican bologna at port of entry
CBP in Texas confiscates 242 pounds of smuggled Mexican bologna at port of entry
Published on 31 March 2025
Author
NewsFinale Journal
Share and Follow
FacebookXRedditPinterestWhatsApp


WASHINGTON – President Donald Trump was signing an executive order Monday that he says will help curb ticket scalping and bring “commonsense” changes to the way live entertainment events are priced.

Designed to stop “price-gouging by middlemen,” the order directs Attorney General Pam Bondi and Treasury Secretary Scott Bessent to ensure that scalpers offering tickets at higher prices than their face value comply with all Internal Revenue Service rules, according to a fact sheet released by the White House.

It also orders the Federal Trade Commission to ensure “price transparency at all stages of the ticket-purchase process” and to “take enforcement action to prevent unfair, deceptive, and anti-competitive conduct in the secondary ticketing market,” which the Trump administration argues can restore sensibility and order to the ticket market.

“America’s live concert and entertainment industry has a total nationwide economic impact of $132.6 billion and supports 913,000 jobs,” the fact sheet said. “But it has become blighted by unscrupulous middle-men who impose egregious fees on fans with no benefit to artists.”

The push marks a rare instance of policy crossover with the administration of Democratic President Joe Biden, which used the FTC to target “ junk fees,” or levies tacked on at the end of the purchase process that can mask the full price of things like concert tickets, hotel rooms and utility bills.

Under Biden, the Justice Department also sued Ticketmaster and its parent company, Live Nation Entertainment, last year. It accused them of running an illegal monopoly over live events and asked a court to break up the system that squelches competition and drives up prices for fans.

Those companies have a history of clashing with major artists, including Bruce Springsteen and Taylor Swift. whose summer 2022 stadium tour was plagued by difficulty getting tickets. Country music star Zach Bryan even released a 2022 album titled “All My Homies Hate Ticketmaster.” A representative for Bryan said he had “nothing to add” when asked to comment on Monday’s executive action.

The Biden administration used such initiatives as a way to protect consumers from rising prices that were already inflated. Trump, meanwhile, campaigned on combating high ticket prices, calling them “very unfortunate.”

“Ticket scalpers use bots and other unfair means to acquire large quantities of face-value tickets, then re-sell them at an enormous markup on the secondary market, price-gouging consumers and depriving fans of the opportunity to see their favorite artists without incurring extraordinary expenses,” the White House face sheet said, adding, “By some reports, fans have paid as much as 70 times the face value of a ticket price to obtain a ticket.”

It also noted that higher prices don’t mean additional profits for artists but instead go “solely to the scalper and the ticketing agency.”

Trump’s order also directs federal officials and the FTC to deliver a report in six months “summarizing actions taken to address the issue of unfair practices in the live concert and entertainment industry and recommend additional regulations or legislation needed to protect consumers in this industry.”

___

Associated Press writer Maria Sherman contributed to this report from New York.

Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

Share and Follow
FacebookXRedditPinterestWhatsApp
You May Also Like
Man shoots himself in Atlanta airport, police say
  • Local News

Incident at Atlanta Airport: Man Accidentally Fires Gun, Police Report

ATLANTA, Ga. — A self-inflicted shooting occurred at Hartsfield-Jackson International Airport on…
  • NewsFinale Journal
  • December 22, 2025
Élysée Palace silver steward arrested for stealing thousands of euros' worth of silverware
  • Local News

Élysée Palace Staff Member Detained for Alleged Silverware Theft Worth Thousands

PARIS – Next year, three individuals will face trial following the arrest…
  • NewsFinale Journal
  • December 21, 2025
Panthers win over Bucs, putting them atop the NFC South
  • Local News

Panthers Triumph Over Buccaneers to Seize Lead in NFC South

As the NFL regular season approaches its thrilling conclusion, the Tampa Bay…
  • NewsFinale Journal
  • December 22, 2025
'Tears of joy:' Mica Miller advocates say FBI indictments first step toward justice
  • Local News

FBI Indictments Ignite Hope: Mica Miller Advocates Celebrate the Path to Justice

SOCASTEE, S.C. (WBTW) — For close to two years, supporters of Mica…
  • NewsFinale Journal
  • December 22, 2025
Habitat for Humanity hurricane-ready homes take shape in Hillsborough County
  • Local News

Building Resilience: Habitat for Humanity’s Hurricane-Ready Homes Transform Hillsborough County

BRANDON, Fla. — Florida’s Lieutenant Governor Jay Collins recently visited Windhorst Commons,…
  • NewsFinale Journal
  • December 22, 2025
Mother with no‑contact order fled with 2 kids, Edgewater police say
  • Local News

Edgewater Alert: Mother Defies No-Contact Order, Flees with Two Children

EDGEWATER, Fla. – In a concerning development, the Edgewater Police Department has…
  • NewsFinale Journal
  • December 22, 2025
Clearwater woman killed, man injured after PSTA bus runs red light: FHP
  • Local News

PSTA Bus Accident in Clearwater: Fatal Collision Claims Woman’s Life, Leaves Man Injured

ST. PETERSBURG, Fla. (WFLA) — A tragic incident unfolded in St. Petersburg…
  • NewsFinale Journal
  • December 21, 2025
‘Our field of dreams:’ Orlando special needs baseball league replaces unsafe field thanks to community donations
  • Local News

Orlando Special Needs Baseball League Unveils New Safe Field Thanks to Generous Community Donations

ORLANDO, Fla. – In a heartwarming turn of events, the Central Florida…
  • NewsFinale Journal
  • December 22, 2025
Bowen Yang gets emotional ‘SNL’ sendoff with Ariana Grande and Cher in his final episode
  • Entertainment

Bowen Yang’s Heartfelt ‘SNL’ Farewell: Emotional Goodbyes with Ariana Grande and Cher

Saturday Night Live rolled out the red carpet to bid farewell to…
  • NewsFinale Journal
  • December 22, 2025
Woman behind bombshell Miley Cyrus 'adoption' lawsuit breaks silence
  • US

Key Figure in Miley Cyrus ‘Adoption’ Controversy Speaks Out

A nostalgic photograph captures a moment of familial pride: a young girl…
  • NewsFinale Journal
  • December 22, 2025
Leaked University of Illinois lecture material blames Trump for 'white supremacy,' embraces far-left activism
  • US

University of Illinois Lecture Leak: Trump Criticized for ‘White Supremacy’ Ties, Promotes Progressive Activism

Recently, a set of PowerPoint slides from a University of Illinois Urbana-Champaign…
  • NewsFinale Journal
  • December 22, 2025
Boys at her school shared deepfake nudes of her. After a fight, she was the one expelled
  • US

Outrage as Victim of Deepfake Harassment Faces Expulsion After School Fight

THIBODAUX, La. (AP) — At a Louisiana middle school, a group of…
  • NewsFinale Journal
  • December 22, 2025
NewsFinale Journal
  • Home
  • Terms and Conditions
  • Sitemap
  • DMCA
  • Advertise Here
  • Donate