To require transparency of ticket sales, prohibit withholding information on the number of tickets available to inflate prices, and for other purposes.

HR9762, introduced by Rep. Pou (D-NJ) on July 16, 2026, is a bill to require transparency of ticket sales and prohibit withholding information on the number of tickets available to inflate prices. It was referred to the House Committee on Energy and Commerce, indicating its early legislative stage. The bill does not authorize or appropriate any funds; it is a regulatory measure that would impose new disclosure requirements and prohibitions on ticket issuers and resellers. The primary obligated party is Live Nation Entertainment (LYV) through its Ticketmaster platform, which dominates the primary ticket market and has faced criticism for practices like hidden inventory and dynamic pricing. If enacted, the bill would directly reduce Ticketmaster's ability to use artificial scarcity to drive up secondary market prices, potentially lowering average ticket prices and the service fee revenue that LYV earns per transaction. No other public companies are directly exposed in a way that meets the causal chain threshold. The bill is in the earliest legislative stage with no companion bill in the Senate, and passage probability is low in the current session. However, this is a signal of ongoing regulatory scrutiny of the ticketing industry, which could lead to future actions. Structural winners are consumers, but no public company captures that benefit cleanly. The timeline for progression is uncertain; the bill must clear committee, pass the House, and then the Senate—a multi-year path if it moves at all.