WASHINGTON (CBSNewYork) — President Barack Obama has signed a bill preventing bots from snatching up event tickets.

As WCBS 880’s Kelly Waldron reported, many fans looking to grab a ticket for their favorite concert or Broadway show have been disappointed to find all the tickets snatched up from within seconds of their online debut.

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The Better Online Ticket Sales Act, or BOTS Act is intended to prevent that.

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“It eliminates that problem of these large companies scooping everything up with their robots and their computers,” said U.S. Rep. Frank Pallone (D-N.J.)

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While Pallone said the move is a step in the right direction, he is hopeful another piece of legislation he has named the Better Oversight of Secondary Sales and Accountability in Concert Ticketing Act – or BOSS Act – will provide even more transparency down the road – especially when it comes to ticket prices.