FTC fines ticket reselling company Elite Events and Tickets
Summary
The Federal Trade Commission (FTC) fined the ticket reselling company Elite Events and Tickets for breaking the Better Online Ticket Sales Act. The company has not admitted or denied the FTC’s claims.Key Facts
- The FTC fined Elite Events and Tickets for violating a law about selling tickets online.
- The law involved is called the Better Online Ticket Sales Act.
- The company did not admit guilt or deny the charges made by the FTC.
- CBS News reported on this story after interviewing the company last year.
- The fine is related to the company’s ticket-selling methods and practices.
- The case shows the government’s effort to regulate ticket reselling businesses.
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