Ticketmaster, FTC and Taylor Swift
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The FTC is taking aim against ticket resale sites, claiming that they used illegal methods to obtain and resell concert tickets.
The agency sued Maryland-based Key Investment Group, alleging that the company violated the BOTS Act to obtain thousands of Eras Tour tickets and resell them for millions of dollars.
Opinion: Former Deputy Associate Attorney General Brian Pandya explains why the DOJ and FTC agreeing to cap the price of resale tickets would hurt their case proving Ticketmaster is cornering the live event market.