Combating Unfair Practices in the Live Entertainment Market
Summary
This executive order directs the Attorney General and the Federal Trade Commission (FTC) to combat unfair practices in the live entertainment market, specifically targeting ticket scalping and non-transparent pricing. It aims to enforce existing laws, potentially propose new regulations, and ensure compliance with tax laws. A report will be submitted within 180 days outlining the actions taken and any recommendations for further regulations or legislation.
Expected Effects
The order is likely to lead to increased scrutiny of the ticketing industry, potentially resulting in stricter enforcement of existing laws against ticket scalping and deceptive practices. Consumers might see increased price transparency and reduced markups in the secondary ticket market. The order could also lead to new regulations aimed at protecting consumers and artists from unfair practices.
Potential Benefits
- Increased price transparency in the ticket purchasing process.
- Reduced exploitation by ticket scalpers and bots.
- Fairer access to live entertainment events for average fans.
- Potential for artists to receive a larger share of ticket revenue.
- Strengthened enforcement of consumer protection laws.
Most Benefited Areas:
Potential Disadvantages
- Potential for increased government regulation in the entertainment industry.
- Possible legal challenges from ticketing agencies and scalpers.
- Risk of unintended consequences affecting ticket pricing and availability.
- Limited impact if enforcement is weak or regulations are ineffective.
- The order does not create any enforceable rights, limiting its practical impact.
Constitutional Alignment
The executive order is issued under the President's authority vested by the Constitution and laws of the United States. It primarily focuses on enforcing existing laws and regulating commerce, which aligns with the powers granted to the executive branch. The order does not appear to infringe upon any specific constitutional rights or freedoms. The emphasis on fair competition and consumer protection aligns with the general welfare clause of the Constitution's preamble.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).