Close Menu
    Login
    • Register
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    • Home
    • Technology
    • Daily Tech
      • Science and Technology
    • Gadgets
    • Gaming
    • Space Exploration
    • Scope
    • Tech News
    Facebook X (Twitter) Instagram Pinterest YouTube WhatsApp
    Facebook X (Twitter) Instagram
    NewTechManiaNewTechMania
    Login
    • Home
    • Blog
    • Gadgets
      • Gaming
    • Technology
      • Science
    • Automobile
    • Exploration
    • Scope
    • Tech News
    NewTechManiaNewTechMania
    You are at:Home » Blog » The TICKET Act, passed by the US House, mandates event pricing transparency – technology
    Daily Tech

    The TICKET Act, passed by the US House, mandates event pricing transparency – technology

    By Ruchika oberoi17 May 2024No Comments4 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    e6646d70 13be 11ef b537 016b1e9a87be
    e6646d70 13be 11ef b537 016b1e9a87be
    Share
    Facebook Twitter LinkedIn Pinterest Email

    However, it does not seem to address bots or excessive prices.

    On Wednesday, the House of Representatives of the United States of America passed a bill that has the potential to provide Ticketmaster and other live event providers with at least some degree of accountability. It has been reported by NBC News that the TICKET Act, which should not be confused with the separate bill submitted by the Senate that bears the same try-hard name, would require ticket sellers to provide consumers with an upfront listing of the complete cost of entrance, which would include all fees.

    Additionally, the measure would force dealers to declare whether or not the tickets are actually in their possession, in addition to providing a comprehensive analysis of the prices listed. In addition to this, it would require sellers to reimburse tickets for events that were canceled and prohibit secondary merchants from selling misleading websites. There does not appear to be any provisions in the law that target price gouging or excessive fees.

    It is now being considered by the Senate, which is currently considering two distinct event-reform bills: the other TICKET Act and a Fans First Act that is supported by both parties. Fans of Taylor Swift, among others, can witness to the fact that the use of bots to get tickets is still all too frequent. The latter was presented in December with the intention of strengthening the BOTS Act of 2016, which prohibits the use of bots to purchase tickets.

    Late in the year 2022, after Ticketmaster’s Taylor Swift scandal, the reform of the ticketing sector became a political point-scoring subject. The site, which is controlled by Live Nation and has a stronghold on the industry, melted down as millions of fans fought against “a staggering number” of bots. According to Ticketmaster, the presale codes were distributed to 1.5 million fans; nonetheless, 14 million people attempted to purchase tickets, including those annoying bots.

    In January 2023, Live Nation President and Chief Financial Officer Joe Berchtold testified in front of the Senate Judiciary Committee. In his testimony, he essentially shifted the responsibility for fixing the situation down to Congress. He suggested that the government amend the BOTS Act, which is something that one of the bills being considered in the Senate would attempt to do. In the course of the session, Senator Richard Blumenthal (Democrat of Connecticut) criticized the executive for avoiding responsibility and accused the firm of throwing the fault at everyone else than itself.

    On Wednesday, there was a joint statement issued by Representatives Gus Bilirakis (R-FL), Jan Schakowsky (D-IL), Cathy McMorris Rodgers (R-WA), and Frank Pallone Jr. (D-NJ) regarding the TICKET Act that was passed by the House of Representatives. The organization noted that “this consensus legislation will end deceptive ticketing practices that frustrate consumers who simply want to enjoy a concert, show, or sporting event by restoring fairness and transparency to the ticket marketplace.” This measure will put an end to the practices that frustrate consumers. After years of collaboration between members of both parties, we will soon be able to improve the overall experience of customers who purchase event tickets online. We are looking forward to continuing our collaboration in order to encourage a speedy passage of the bill through the Senate, which will allow us to get it to the President’s desk to be signed into law.

    Notable musicians such as Billie Eilish, Lorde, Green Day, Cyndi Lauper, Jason Mraz, and Dave Matthews are among those who have openly expressed their support for legislation that would address the shortcomings of the ticketing system. “We are joining together to say that the current system is broken: predatory resellers and secondary platforms engage in deceptive ticketing practices to inflate ticket prices and deprive fans of the opportunity to see their favorite artists at a fair price,” reads a letter that was signed by more than 250 musicians individually.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleAnticipations for Microsoft Build 2024: Windows 11, AI, and the Surface event – technology
    Next Article In the fall of 2025, Grand Theft Auto 6 will release – technology

    Related Posts

    Skypeaklimits 2024: Your Digital Success Elevate Your Presence

    OpenAI partners with Palmer Luckey’s Anduril to build military AI

    MS assures Windows 11 TPM security requirement won’t change

    Peloton launches audio-focused strength training app

    Add A Comment

    Comments are closed.

    NewTechMania Tech Revolution Mastering Insights Embark on a tech adventure with latest gadgets technologies join us exploring possibilities main logo

    About US

    Embark on a tech adventure with NewTechMania. From the latest gadgets to emerging technologies, join us in exploring the possibilities that lie ahead.

    Terms

    • Privacy
    • Cookie
    • Terms
    • Disclaimer
    • DMCA

    Useful Links

    • Home
    • About Us
    • Contact Us
    • Get In Touch
    • Privacy

    Weekly Newslatter

    Subscribe to our newsletter to get updated!
    © 2025 NewTechMania. All RightS Reserved.
    Facebook-f Twitter Instagram Pinterest Youtube

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Continue with Google
    Lost password?

    Register Now!

    Already registered? Login.

    Continue with Google

    A password will be e-mailed to you.