In the News
Congress sent legislation to President Barack Obama that could make it easier to get tickets to popular shows, sports events and concerts.
Legislation passed by voice vote in the House on Wednesday (Dec. 7) would crack down on computer software used by some ticket brokers to snap up tickets. The so-called "bots" rapidly purchase as many tickets as possible for resale at significant markups, and are one of the reasons why tickets to a Bruce Springsteen concert or Hamilton performance can sell out in just a few minutes.
The bill would make using the software an "unfair and deceptive practice" under the Federal Trade Commission Act and allow the FTC to pursue those cases. The Senate passed the bill last month.
Hamilton producer Jeffrey Seller testified at a Senate hearing in September. He said the bots invade the Ticketmaster system the moment tickets go on sale and electronically purchase almost all the available inventory - one of the reasons tickets to the hit musical about the life of founding father Alexander Hamilton have sold for $1,000 or more.
Kansas Sen. Jerry Moran, the Republican sponsor of the bill, said the legislation will "level the playing field" for people buying tickets.
"The need to end this growing practice is reflected in the bill's widespread support," Moran said.
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