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The attorney general for Washington, D.C., sued StubHub on Wednesday, accusing the ticket resale platform of advertising deceptively low prices and then ramping up prices with extra fees. The ...
July 31, 2024 at 3:43 PM. Washington DC is suing ticket reseller StubHub for “deceptive pricing,” claiming that the practice has cost residents $118m in hidden fees since 2015. The lawsuit ...
July 31, 2024 at 8:09 AM. WASHINGTON - The attorney general for the District of Columbia filed a lawsuit against ticket resale platform StubHub on Wednesday, alleging that the company promotes ...
Ticket fees were also part of a sweeping antitrust lawsuit the Justice Department filed against Ticketmaster and its parent company in May. StubHub used to advertise the “all-in” cost of a ticket about a decade ago, but changed after finding that people are more likely to buy tickets at higher prices with the “drip pricing” model, he said.
They get a piece of the 25% in commissions StubHub earns on either end of a season ticket buy and sell transaction. Ticketmaster filed a lawsuit against StubHub and eBay in 2007, alleging "intentional interference" with Ticketmaster's contractual rights. [100] In 2012, StubHub renewed deals with Major League Baseball Advanced Media.
Ticket resale is common in both sporting and musical events . Ticket resale is a form of arbitrage that arises when the number demanded at the sale price exceeds the number supplied (that is, when event organizers charge less than the equilibrium prices for the tickets). During the 19th century, the term scalper was applied to railroad ticket ...
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