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Limiting Exclusive Ticketing Contracts to Boost Competition and Lower Fees.

This law aims to increase competition in the market for tickets to major events (concerts, sports, theater) by restricting the length of exclusive venue contracts. Primary ticketing providers cannot sign deals with large venues lasting longer than four years, potentially leading to lower prices and fees for consumers. The Federal Trade Commission (FTC) will enforce these rules to ensure greater choice for ticket buyers.
Key points
Exclusive ticket sales contracts for large venues (capacity 5,000+) are limited to a maximum duration of four years.
The goal is to increase competition among ticketing companies, potentially resulting in lower prices and reduced fees for citizens.
The Federal Trade Commission (FTC) will oversee compliance and impose penalties on companies that violate the new duration limits.
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Expired
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Additional Information
Print number: 118_S_1326
Sponsor: Sen. Klobuchar, Amy [D-MN]
Process start date: 2023-04-26
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Unlock Ticketing Markets Act of 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_1326.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2023-04-26.

What are the main provisions?

Key points include:

  • Exclusive ticket sales contracts for large venues (capacity 5,000+) are limited to a maximum duration of four years.
  • The goal is to increase competition among ticketing companies, potentially resulting in lower prices and reduced fees for citizens.
  • The Federal Trade Commission (FTC) will oversee compliance and impose penalties on companies that violate the new duration limits.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Klobuchar, Amy [D-MN].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

CATEGORIES

Economy Courts and Law