Unlock Ticketing Markets Act of 2023
- Last Action
- 4/26/2023
Actions
- 2023-04-26Read twice and referred to the Committee on the Judiciary.
- 2023-04-26Introduced in Senate
CRS Summary
As of 2023-04-26 (00)
Unlock Ticketing Markets Act of 2023
This bill requires the Federal Trade Commission (FTC) to limit the duration of an agreement that a ticket service provider may enter into with a venue for the exclusive right to conduct the initial sale of tickets to all, or substantially all, live concerts, theatrical performances, sporting events, comedy shows, or other scheduled performances held at that particular venue.
The FTC must issue regulations to define the period of time that constitutes an excessive duration for such an exclusivity agreement. However, the minimum period of time that constitutes an excessive duration must be more than four years.
The bill provides the FTC with authority to enforce this limitation.
Cosponsors (1)
- Richard Blumenthal (D-CT)
Sourced from Congress.gov (public domain).
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