President Trump
I am Preventing Ticket Scalpers …
With New Govt Order!!!
Printed
President Trump is attempting to sort out an vital concern he raised on the marketing campaign path … scalpers and costly charges driving up ticket costs for reside leisure … and he is acquired new laws he says will repair these points.
Sources on the White Home inform TMZ … Trump is signing a presidential government order at present to finish price-gouging by middlemen within the leisure business.
TMZ.com
We’re informed Trump’s newest EO will fight a bunch of points people encounter when attempting to purchase tickets to common live shows and sporting occasions … bear in mind the complications for the Taylor Swift “Eras” tour?!?
Our sources say Trump’s EO directs the Federal Commerce Fee to work with the U.S. Legal professional Basic to make sure competitors legal guidelines are being enforced, and to implement the BOTS Act to cease scalpers from utilizing bots to purchase up all of the stock and re-sell tickets at an enormous markup.
We’re informed Trump’s additionally getting the Secretary of the Treasury and the Division of Justice concerned … to make sure ticket scalpers are following the regulation.
The White Home says reside leisure is a $132.6 billion business supporting nearly 1,000,000 jobs, and the Trump administration says the ticketing part has turn into rife with egregious charges and unscrupulous middlemen.
Actually, the White Home says some followers are paying as a lot as 70x the face worth for tickets … cash that goes into pockets of scalpers and ticket brokers.
Swifties aren’t the one ones who’ve been hit laborious … scalpers additionally drove up costs for Coldplay, Pink, Luis Miguel, Bruce Springsteen, The Rolling Stones, Dangerous Bunny, Zach Bryan, Metallica and Madonna … simply to call a couple of.
Trump’s signing the EO at 5:30 PM ET within the Oval Workplace and our sources inform us Child Rock can be there when Trump indicators.
