FTC fines ticket reselling company Elite Events and Tickets
Last year, "CBS Saturday Morning" spoke with ticket reselling company Elite Events and Tickets about its methodology and practices. Now, the Federal Trade Commission is fining the company, saying it violated the Better Online Ticket Sales Act.
Reported by 1 outlet — CBS News. See all sources ↓
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.
Why it matters
This action shows the government is watching online ticket sales to protect fans from high prices and unfair tricks. When companies follow the law, consumers can get fairer prices for events.
- What did the FTC accuse Elite Events and Tickets of doing?
- The FTC said the company broke a law that stops unfair online ticket sales.
- Did the company admit guilt?
- No, the company neither admitted nor denied the FTC's allegations.
How outlets are framing the same story
Here's how each outlet is covering the story — compare their headlines and timing at a glance.
All outlets (only CBS News) frame the story in the same way.
- Coverage card1 outlet1CoverageScouting report
FTC fines ticket reselling company Elite Events and Tickets
Sources1TypeCoverageCBS News