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U.S House Passes TICKET Act To Enhance Transparency And Fairness In Ticketing Industry
- The U.S. House passes TICKET Act to increase price transparency and fairness in ticketing industry.
- Bill requires sellers to list total costs, disclose speculative tickets, and prohibits deceptive websites.
- Advocacy groups and artists support legislation, urging Senate to pass similar bill for comprehensive ticket reform.
EKO HOT BLOG reports that the U.S. house of representatives has sought to address consumer discontent with the ticketing industry, particularly after Ticketmaster’s struggles with Taylor Swift’s Eras Tour.
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The House passed the Transparency in Charges for Key Events Ticketing Act (TICKET Act) to increase price transparency for consumers.
The bill requires sellers to list total costs, including fees, and disclose speculative tickets.
It also prohibits deceptive websites and mandates refunds for canceled events.
The TICKET Act is one of several efforts to curb unfair practices in the industry.
A related Senate bill, also called the TICKET Act, seeks similar protections.
The Fans First Act, introduced by bipartisan senators, aims to increase cost transparency and prevent exorbitant prices.
The TICKET Act was first introduced by Rep. Gus Bilirakis in June 2023 and passed with bipartisan support.
Advocacy groups commend the House and urge Senate passage.
State laws, such as Maryland’s ban on speculative tickets and Minnesota’s fee disclosure requirement, also aim to protect ticket buyers.
Artists support legislation for fairer ticket buying. Over 250 artists, including Billie Eilish and Green Day, signed a letter supporting the Fans First Act.
Recording Academy CEO Harvey Mason Jr. urges the Senate to act quickly and incorporate provisions from the Fans First Act.
In summary, the TICKET Act aims to increase transparency and fairness in the ticketing industry, with bipartisan support and artist backing.
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Its passage marks a step towards protecting consumers and ensuring a better experience for fans.
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