Senators Capito and Luján Introduce GHOST Act to Combat Deceptive Ticket Resale Practices
U.S. Senators Shelley Moore Capito and Ben Ray Luján have jointly introduced the Guaranteeing Honest Ownership in Secondary Ticketing (GHOST) Act. This proposed legislation aims to safeguard fans and concertgoers from fraudulent practices prevalent in the secondary ticket market. The core of the GHOST Act is to prohibit ticket resellers from selling tickets they do not currently possess. Senator Capito emphasized that West Virginians, and consumers generally, who spend their money on event tickets should have confidence that the tickets they purchase are legitimate. She highlighted that deceptive practices often lead to consumers paying inflated prices for non-existent tickets. The GHOST Act seeks to introduce common-sense protections to enhance transparency and accountability within the ticket marketplace, ultimately ensuring a more equitable ticket-buying experience for consumers. The bill outlines specific provisions, including empowering the Federal Trade Commission (FTC) to pursue action against viola...