Federal regulators say a company illegally bought thousands of tickets to Taylor Swift’s Eras Tour and resold them at inflated prices for more than $1 million in profit, according to a new lawsuit.

In a complaint filed Monday (Aug. 18) by the Federal Trade Commission (FTC), the watchdog group accused ticket broker Key Investment Group LLC of using “illegal means” to purchase more than 379,000 event tickets on Ticketmaster, including 2,280 for Swift’s record-shattering Eras concerts.

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By “charging a significant markup to consumers” when

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