Unlock Ticketing Markets Act of 2023

Bill 118 s 1326, also known as the Unlock Ticketing Markets Act of 2023, is a piece of legislation introduced in the US Congress. The main purpose of this bill is to promote competition and consumer choice in the ticketing industry by prohibiting certain practices that restrict the resale of event tickets.

The bill aims to address issues such as ticket scalping, price gouging, and the use of restrictive terms and conditions that limit the ability of consumers to resell their tickets. It also seeks to prevent the use of automated bots to purchase large quantities of tickets for the purpose of reselling them at inflated prices.

Under the Unlock Ticketing Markets Act, ticket sellers would be required to provide consumers with the option to resell their tickets on any platform of their choosing, without facing restrictions or penalties. Additionally, the bill would prohibit the use of non-transferable tickets and would require ticket sellers to disclose all fees and charges associated with ticket purchases upfront. Overall, the Unlock Ticketing Markets Act of 2023 aims to create a more transparent and competitive ticketing market that benefits both consumers and event organizers. It seeks to empower consumers to make informed decisions about buying and selling tickets, while also promoting fair competition among ticket sellers.