Trump signs executive order targeting ticket scalping / Photo: SAUL LOEB - AFP
-
Ukrainians wish for peace in 2026 -- and no more power cuts
-
Glasner coy over Palace pursuit of Spurs striker Johnson
-
Neville labels Man Utd's draw with Wolves 'baddest of the bad'
-
Sydney falls silent before fireworks bring in 2026
-
Stocks pull lower at end of record year for markets
-
France plans social media ban for children under 15
-
Mbappe suffers knee sprain in blow for Real Madrid
-
Putin wishes Russians victory in Ukraine in New Year speech
-
Iran government building attacked as top prosecutor responds to protests
-
World begins to welcome 2026 after a year of Trump, truces and turmoil
-
Fofana reckons 'small details' restricting Chelsea's progress
-
Israel to ban 37 aid groups operating in Gaza
-
Filmmaker Panahi says Iran protests 'to move history forward'
-
Bulgaria takes hesitant step into the eurozone
-
Xi says China to hit 2025 growth target of 'around 5 percent'
-
Turkey steps up anti-IS raids, arresting 125 suspects
-
Arteta says Arsenal reaping rewards for 'sacrifices and commitment'
-
China says live-fire drills around Taiwan 'completed successfully'
-
Nancy adamant he's still the man for Celtic job after Motherwell defeat
-
Hoping for better year ahead, Gazans bid farewell to 'nightmare' of 2025
-
Queen Camilla recalls fighting back against train attacker
-
Stocks drop at end of record year for markets
-
Amorim still 'really confident' about Man Utd potential despite Wolves draw
-
Berlin says decision postponed on European fighter jet
-
Iran prosecutor pledges 'decisive' response if protests destabilise country
-
Emery defends failure to shake hands with Arteta after Villa loss to Arsenal
-
China says to impose extra 55% tariffs on some beef imports
-
Japanese women MPs want more seats, the porcelain kind
-
Silver slips lower in mixed end to Asia trading year
-
Guinea junta chief Doumbouya elected president: election commission
-
Pistons pound Lakers as James marks 41st birthday with loss
-
Taiwan coastguard says Chinese ships 'withdrawing' after drills
-
France's homeless wrap up to survive at freezing year's end
-
Leftist Mamdani to take over as New York mayor under Trump shadow
-
French duo stripped of Sydney-Hobart race overall win
-
Thailand releases 18 Cambodian soldiers held since July
-
Tiny tech, big AI power: what are 2-nanometre chips?
-
Libyans savour shared heritage at reopened national museum
-
Asia markets mixed in final day of 2025 trading
-
Global 'fragmentation' fuelling world's crises: UN refugee chief
-
Difficult dance: Cambodian tradition under threat
-
Regional temperature records broken across the world in 2025
-
'Sincaraz' set to dominate as 2026 tennis season kicks off
-
Bulgaria readies to adopt the euro, nearly 20 years after joining EU
-
Trump v 'Obamacare': US health costs set to soar for millions in 2026
-
Isiah Whitlock Jr., 'The Wire' actor, dies at 71
-
SoftBank lifts OpenAI stake to 11% with $41bln investment
-
Bangladesh mourns ex-PM Khaleda Zia with state funeral
-
TSMC says started mass production of 'most advanced' 2nm chips
-
Australian cricket great Damien Martyn 'in induced coma'
NYSE - LSE
| CMSC | -0.15% | 22.65 | $ | |
| SCS | 0.12% | 16.14 | $ | |
| CMSD | -0.13% | 23.1 | $ | |
| JRI | 0.11% | 13.595 | $ | |
| NGG | -0.39% | 77.47 | $ | |
| BCC | -0.37% | 73.52 | $ | |
| RIO | -0.5% | 80.12 | $ | |
| RBGPF | 0.42% | 81.05 | $ | |
| RYCEF | 0.83% | 15.58 | $ | |
| BCE | 1.01% | 23.81 | $ | |
| RELX | -0.92% | 40.735 | $ | |
| BP | -0.36% | 34.625 | $ | |
| GSK | -0.36% | 49.125 | $ | |
| AZN | -0.38% | 92.16 | $ | |
| VOD | -0.11% | 13.215 | $ | |
| BTI | 0.21% | 56.67 | $ |
Trump signs executive order targeting ticket scalping
With American entertainer Kid Rock at his side, US President Donald Trump signed an executive order Monday clamping down on ticket scalping and live event pricing.
The directive seeks to prevent "unscrupulous middlemen" from profiting off reselling tickets for concerts and other events at an "enormous markup".
It orders the US attorney general and the Treasury secretary to use "all legal means" to stamp out soaring price gouging, and calls on the Federal Trade Commission to "ensure price transparency at all stages of the ticket-purchase process, including the secondary ticketing market."
"You can buy a ticket for $100. By the time you check out, it's $170," said Kid Rock, who wore a straw fedora and American-flag emblazoned red suit to the Oval Office.
The "Born Free" singer, who appeared with Trump on the presidential campaign trail in 2024, added that due to "bots" tickets were being relisted "for sometimes a 400-500 percent markup."
The administration of Trump's predecessor Joe Biden also targeted scalpers, suing concert booking website Ticketmaster and its parent company Live Nation Entertainment last year over monopoly allegations.
In a statement Monday, Live Nation, which has denied monopoly allegations, said it supports Trump's order, and called for enforcement.
W.Stewart--AT