Key Investment Group to Defend Against FTC’s Misapplication of BOTS Act

FTC lawsuit threatens secondary ticket market and consumer choice

, /PRNewswire/ — Key Investment Group (KIG), a leading secondary market ticketing company, announced today that it will vigorously defend itself against a lawsuit filed by the Federal Trade Commission (FTC). The case threatens to dismantle the secondary ticket market for live events, further consolidating power in the hands of the industry’s largest monopoly.

In an unprecedented move, the FTC has twisted the intent of the Better Online Ticket Sales (BOTS) Act, a law designed to target malicious software, into a weapon against legitimate businesses and consumers. Under the FTC’s interpretation, anyone who purchases more than four tickets or uses more than one account could be deemed in violation of federal law.

That outcome is not only illogical, it is absurd. Even more troubling, the FTC misleadingly characterizes KIG’s use of standard internet browsers to purchase tickets as equivalent to deploying unlawful software. This portrayal is both deceptive and malicious.

KIG is prepared to vigorously defend itself against this clear example of regulatory overreach.

SOURCE Key Investment Group