GHOST Act

The GHOST Act prohibits ticket resellers from selling, offering for sale, or advertising event tickets unless they have actual physical or virtual possession of them. This legislation directly affects secondary market sellers by targeting "speculative ticketing," a practice where tickets are listed before the seller has secured them. The Federal Trade Commission is tasked with enforcing these rules and must establish a public website within 180 days for consumers to report violations. Violators face significant civil penalties, including daily fines of at least $15,000 and additional charges based on the number of tickets sold or their total value. State attorneys general are also authorized to bring civil actions on behalf of residents to seek injunctions, compliance, and damages.