Senate Makes Bipartisan Push to Further Regulate Ticketing Industry

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Earlier this week, Senators Ted Cruz (R-TX) and Maria Cantwell (D-WA) introduced a bill that would require ticket retailers to disclose fees upfront. See potential bias and similarities in coverage from NEWSMAX, CNBC, and NYMag:

Cruz said, “The TICKET Act brings transparency to the whole ticketing industry, which is dominated by a few large players that can capitalize on these hidden fees.

” Klobuchar said, “The Unlock Ticketing Markets Act would help consumers, artists, and independent venue operators alike by making sure primary ticketing companies face pressure to innovate and improve.” Ticketmaster said of the Unlock Ticketing Markets Act, “The ticketing industry is more competitive than ever. Ticketmaster wins business because it offers the best product available.”Sources across the spectrum covered the bills similarly.

 

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