President Donald Trump Signed an executive decree to protect the Americans from “scalp of operating tickets” in the concert and entertainment industry, Fox News Digital learned.
The president Signed the order Monday evening at the Oval Office. Kid Rock joined the president for the signature ceremony.
The president’s decree orders the Federal Trade Commission to work with the Attorney General to ensure that competition laws are applied in the concert and entertainment industry.
American president Donald Trump, accompanied by artist Kid Rock (L), speaks with the press secretary of the White House, Karoline Leavitt (R), before signing an executive decree in the oval office of the White House on March 31, 2025 in Washington, DC. Trump has signed a decree against ticket scalping and the reform of the live entertainment ticket industry. (Photo of Andrew Harnik / Getty Images) (Photo of Andrew Harnik / Getty Images)
The order also applies the best law on online ticket sales (BOTS) and promoting its application by the state protection authorities.
US President Donald Trump listens as the artist Kid Rock speaks for a decree signature event in the White House Oval Office on March 31, 2025 in Washington, DC. Trump has signed a decree against ticket scalping and the reform of the live entertainment ticket industry. (Photo of Andrew Harnik / Getty Images) (Photo of Andrew Harnik / Getty Images)
The President’s prescription also guarantees the transparency of prices at all stages of the ticket purchase process, including on the secondary ticketing market; And will evaluate and, if necessary, will take by implementing measures to prevent “unfair, deceptive and anti -competitive driving” on the secondary ticketing market.
The President’s ordinance also directs the Attorney General and the Secretary of the Treasury to ensure that the ticket scalpers operate in full compliance with the Internal income code and other laws.
Under the ordinance, the Treasury Department, the DOJ and the FTC will publish a report within 180 days summarizing the measures taken to approach the issue of unfair practices in the Concerts and Entertainment Industment industry and recommend additional regulations or legislation necessary to protect consumers.
Washington, DC – January 19: Kid Rock performed at the Rallye of Donald Trump’s victory on January 19, 2025 in Washington, DC. The American president elected Trump and the vice-president elected JD Vance will be sworn in on January 20. (Scott Olson / Getty Images)
The order comes after President Trump on the campaign campaign, promised to work to combat high ticket prices. During the campaign, the president described the current system where fans are “very unhappy”.
A Official White House told Fox News Digital that the president “undertakes to make arts and entertainment that enrich the lives of Americans as accessible as possible”.
The official said that the Concert and Entertainment Industment industry in America has a total economic impact at a national level of $ 132.6 billion and supports 913,000 jobs.
“But it has become destroyed by unscrupulous intermediate men who impose flagrant costs on fans without advantage to artists,” said a White House official.
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“Ticket scalpers use robots and other unfair means to acquire large amounts of facial value tickets, then start them again with a huge increase in the secondary market, consumers who spoil themselves and deprive fans of the opportunity to see their favorite artists without incurring extraordinary expenses,” said a White House official. “According to some reports, fans paid up to 70 times the nominal value of a ticket price to get a ticket.”
The manager added that when this happens, the artists “receive no additional profit – this only goes to the scapper and the ticketing agency”.
US President Donald Trump listens as the artist Kid Rock speaks for a decree signature event in the White House Oval Office on March 31, 2025 in Washington, DC. Trump has signed a decree against ticket scalping and the reform of the live entertainment ticket industry. (Photo of Andrew Harnik / Getty Images) (Photo of Andrew Harnik / Getty Images)
“Anyone who has bought a concert ticket in the last decade, perhaps 20 years, whatever your policy, knows that it is an enigma,” said Kid Rock on Monday. “If you buy a 100 dollars ticket when you check it, it is 170. You do not know what you can charge, but more importantly, these robots you know, they come to get all the right tickets for your favorite emissions that you want to go, then they are immediately put back in place for a brand of 4 or 500%.”
Kid Rock explained that artists “see none of this money”.
President Trump, after signing the order, said that this decision is “a big step for this to be made.”
In a statement on Monday evening, Live Nation said He supports the president’s action: “” The scalpers and robots prevent fans from obtaining tickets at the prices set to the artists, and we thank President Trump for having taken them head on. We support all significant resale reforms – including greater application of the Boots law, ceilings on resale prices, etc.
CEO of Live Nation Michael Rapino Published on X, thanking President Trump and Kid Rock for “taking the tickets”.