WASHINGTON—Today, the U.S. House Energy and Commerce Committee unanimously passed two bills, the Transparency in Charges for Key Events Ticketing (TICKET) Act and the Speculative Ticketing Oversight and Prohibition (STOP) Act. NetChoice applauds Congress for taking this first step to stop consumer harm by event ticketing companies.
The TICKET Act creates a consistent national standard for ticket platforms when it comes to listing prices and fees. The STOP Act makes clear that a seller must have actual or constructive possession of a ticket when they go to resell it, and it makes illegal deceptive marketing for ticket sales.
“The TICKET and STOP Acts are the first step in addressing flaws in the event ticket market. They make clear that when a ticket is offered for sale, the seller truly possesses that ticket, and helps create a national standard for ticket sales,” said Carl Szabo, NetChoice Vice President & General Counsel. “While this is an important first step, Congress must also address Ticketmaster’s monopoly and how it has abused its power to harm consumers. As the Justice Department attacks highly competitive marketplaces and companies benefiting consumers, it continues to ignore the clear Ticketmaster monopoly that is hurting Americans.”
Please contact Krista Chavez at press@netchoice.org with inquiries.