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Department of Justice and FTC Launch Inquiry Into Event Ticketing Business
The Department of Justice and the FTC have launched an inquiry into the live ticketing business following President Trump's executive order to do so.
The Department of Justice (DOJ) and the Federal Trade Commission (FTC) have launched an official inquiry into the event ticketing business at the urging of President Donald Trump, the agencies announced Wednesday (May 7). After the comment period closes, the agencies state they will “use the information in their preparation of the report and recommendations directed by President Trump” in his Executive Order 14254, also known as Combating Unfair Practices in the Live Entertainment Market. Signed by the president during a March 31 meeting in the Oval Office with musician Kid Rock in attendance, the order directed the Attorney General, along with the Secretary of the Treasury and the chairman of the FTC, to submit a report identifying “recommendations for regulations or legislation necessary to protect consumers” in the industry, including by enforcing the Better Online Tickets Sales (BOTS) Act.
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