Trump signs order to combat price loan shark on concert tickets

United States President Donald Trump signed an executive order with the aim of ending price loan for ticket resale in the live entertainment industry, according to a high White House employee.

The musician Kid Rock, who attended the Republican National Convention, was present for the signature, according to the source.

The Order guides the Federal Commission of Commerce (FTC) to work with Attorney General Pam Bondi to ensure that competition laws are applied in the concert and entertainment industry and maintain price transparency at all stages of the consumer ticket purchase process.

The issue of price loan shark occupied the center of attention during the Taylor Swift Tour, when resale prices reached tens of thousands of dollars.

This content was originally published in Trump signs order to combat price loan shark on concert tickets on CNN Brazil.

Source: CNN Brasil

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