DOJ: 3 LI ticket brokers that used bots face $3 7 million in penalties newsday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsday.com Daily Mail and Mail on Sunday newspapers.
Miscreants hit with $31m fines tho only pay what they can afford: $3.7m Share
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Three ticket resellers have agreed to settle US government charges that they unlawfully used software bots to obtain music, theater, and sporting event tickets for markup and resale.
On Friday, the Department of Justice and the Federal Trade Commission announced the first enforcement actions under the Better Online Ticket Sales (BOTS) Act, a law signed off in 2016 to prevent people from using automated systems to outcompete other would-be buyers of tickets to popular events. Those who violate the BOTS Act cheat fans by forcing them to pay inflated prices to attend concerts, theater performances and sporting events,” said Acting US Attorney Seth DuCharme for the Eastern District of New York, in a statement. This office will spare no effort in prohibiting deceptive practices that harm consumers.
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The crowd is seen in this overview of a concert in East Rutherford, New Jersey July 7, 2007. REUTERS/Lucas Jackson/File Photo
NEW YORK (Reuters) - Three U.S. ticket brokers have agreed to settle civil charges that they cheated consumers by illegally purchasing tens of thousands of tickets for concerts, theater, sports and other events, and reselling them at substantial markups.
Settlements totaling $35.3 million with Just In Time Tickets Inc, Concert Specials Inc, Cartisim Corp - all based in Great Neck, New York - and their owners were announced on Friday by the U.S. Department of Justice and the Federal Trade Commission.