Justice Department and FTC sued ticket broker REPS over 18.5 million tickets

What happened: The Justice Department and FTC sued ticket broker REPS over 18.5 million tickets, alleging it bought tickets for at least 83,500 events. Key numbers: 18.5 million tickets; over $1.3 billion spent; at least 83,500 events; at least $120.8 million in profit. Why it matters: The complaint targets a broker's bulk ticket buying and profit, putting the scale of its purchasing and resale practices at the center of the case.

The Justice Department and FTC sued ticket broker REPS over 18.5 million tickets, alleging it bought tickets for at least 83,500 events.

The complaint targets a broker's bulk ticket buying and profit, putting the scale of its purchasing and resale practices at the center of the case.