Congress Considers Ticketmaster Regulation

Photo illustration by Joe Raedle/Getty Images

A newly proposed U.S. Congressional bill is taking aim at Ticketmaster.

The ‘Boss and Swift Act,’ named after Bruce Springsteen and Taylor Swift, aims to do something about the increasing financial and technical difficulties experienced by music fans trying to see live concerts.

Co-sponsored by Democratic Congressmen Bill Pascrell, Jr., and Frank Pallone, Jr., the new legislation would require all-in pricing that discloses the true cost of a ticket, including fees.

It would also mandate full disclosure of refund policies and whether or not a ticket is new or being re-sold.

It would mandate full transparency about the total number of tickets available; protect the right of consumers to transfer tickets, and also forbid restrictions placed on fans who re-sell them.

The bill would also try to limit “speculative ticket sales,” protect customers from fraud, force disclosure if a seller on the re-sale market is actually the artist or venue, forbid selling the same seats to multiple people, and limit unauthorized markups.

 

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