Senators Ted Cruz and Maria Cantwell introduced a bill that would require fees for tickets be shown upfront rather than hide them until checkout
Live Nation applauded the TICKET Act and once again called on lawmakers to look into other initiatives to improve the industry, including banning the aforementioned speculative ticketing strategy the bill would require sellers to disclose if passed.
“We appreciate the good work of Senators Cantwell and Cruz. This bill is a good starting point — we support all-in pricing — but in order to protect fans and artists more can and should be done, including: ensuring artists can determine how their tickets can be resold, banning speculative tickets and deceptive websites, and strengthening the BOTS Act,” the company said.
While an all-in ticketing mandate would be a more noticeable change for fans, it wasn’t the only legislation introduced Wednesday. Senatorsand Richard Blumenthal introduced the Unlocking Ticketing Markets Act as well, which would “empower the Federal Trade Commission to prevent the use of excessively long multi-year exclusive contracts that lock out competitors, decrease incentives to innovate new services, and increase costs for fans,” according to the senators.
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