The resolution urges Congress to take action in response to the consolidation of the ticket industry, particularly focusing on the merger of Live Nation and Ticketmaster, which has resulted in these companies controlling approximately 70% of the ticketing market. This consolidation has led to numerous complaints and investigations regarding their business practices, including excessive fees, surge pricing, and a lack of transparency, which have negatively impacted consumers and performers alike. The resolution highlights the significant economic contribution of the arts and entertainment sector, emphasizing the need for legislative intervention to address the issues stemming from this market dominance.

The resolution calls for Congress to address the various problems affecting consumers in New Jersey and across the United States due to the practices of Live Nation and Ticketmaster. It points out that the merger has not only harmed consumers by making it difficult to purchase tickets at face value but has also deprived performers and independent venue owners of revenue and control over ticket sales. The resolution is intended to bring attention to these issues and encourage legislative action to ensure fair practices in the ticketing industry.