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FTC fines ticket reselling company Elite Events and Tickets

The Federal Trade Commission (FTC) fined the ticket reselling company Elite Events and Tickets. The FTC said the company broke the Better Online Ticket Sales Act, a law that stops unfair ticket sales online. Elite Events and Tickets neither admitted nor denied the FTC's claims. Last year, CBS News talked with the company about how it works and what it does.

Aug 1, 15:59upd. 16m
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