Topline
The Federal Trade Commission and seven states filed a lawsuit against Ticketmaster and Live Nation on Thursday, accusing the ticket sellers of deceiving artists and consumers by allowing consumers to buy large numbers of tickets and resell them for much higher prices.
Key Facts
The FTC accused Live Nation and Ticketmaster of violating the FTC Act, which prohibits deceptive practices in the marketplace, and of violating the Better Online Ticket Sales Act, a 2016 law passed to halt the use of automated bots to purchase tickets and resell them at higher prices.
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