FTC issues first fines using a law against ticket scalping bots

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FTC issues first fines using a law against ticket scalping bots
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The fines originally amounted to a much steeper $31 million, but the Commission cut them back due to an inability to pay.

You might not see more actions like this for a while when concert halls and stadiums are generally closed to the public. However, it might serve as a deterrent for some scalpers whenever it’s safe for public events to resume. There’s not much point to ticket bots if scalpers stand a real chance of losing their profits, after all.

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