Requires transparency in ticket sales and prohibits inflating prices by withholding ticket availability information.
The HOLDBACKS Act mandates that primary ticket sellers disclose the total number of scheduled occurrences, the total number of available tickets, and the total cost of an individual ticket at least seven days before tickets go on sale. It prohibits sellers from withholding ticket availability information to inflate prices. The Federal Trade Commission enforces these provisions, treating violations as unfair or deceptive acts or practices. The Act aims to ensure transparency in ticket sales and prevent price manipulation.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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