FTC charges broker over Swift resale tickets

The US Federal Trade Commission (FTC) is suing a ticket broker for allegedly using unlawful tactics to purchase tickets and resell them at inflated prices for tours by acts including Taylor Swift and Bruce Springsteen.

The government agency alleges that Maryland-based Key Investment Group – alongside its affiliated companies and executives – used a variety of tactics to bypass Ticketmaster’s security measures to block resellers from exceeding ticket purchasing limits.

According to the FTC, the tactics allowed the defendants to purchase…

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