Kid Rock praises Trump for 'fair ticket prices'
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Trump enacted an executive order to regulate ticket reselling and prevent price exploitation.
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The order instructs officials to ensure resellers follow tax laws and other regulations.
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The FTC must work with the attorney general to enforce fair competition in entertainment.
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Kid Rock, present at the signing, backed fair ticket pricing and revenue distribution.
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Live Nation faces legal action for allegedly monopolizing ticket sales.
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Both companies endorsed Trump’s order and called for stricter resale regulations.
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