FTC Release: FTC Takes Action Against Elite Events for Bypassing Ticket Purchase Limits in Violation of Better Online Ticket Sales Act
Dow Jones
Aug 11
Proposed order settling FTC allegations will require company and its executives to pay $300,000 and ban them from using unlawful tactics to bypass ticket purchase limits
Ticket broker Elite Events and its operators will pay $300,000 in civil penalties to resolve Federal Trade Commission allegations that the firm purchased millions of dollars' worth of tickets to high-demand events by illegally circumventing measures designed to limit the number of tickets that can be purchased to a single event.
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