StubHub Files Antitrust Lawsuit against Ticketmaster and the Golden State Warriors
March 30 2015 - 3:00AM
Business Wire
StubHub, a leading ticket marketplace, has filed a lawsuit
against Ticketmaster and the Golden State Warriors’ front office.
As stated in the Complaint, StubHub seeks to stop unfair and
illegal anti-competitive business practices that prevent fans from
deciding how they want to resell their tickets and which
artificially drive up ticket prices.
The Complaint recounts that Ticketmaster and the Warriors’ front
office broke our nation’s antitrust law and California law against
unfair competition by cancelling fans’ regular-season and
playoff-game tickets when those fans chose to use StubHub and other
competitive exchanges to resell tickets. In many more cases, the
Complaint says, Ticketmaster and the Warriors’ front office broke
the law by unlawfully threatening fans with cancellation to force
them to use Ticketmaster’s resale exchange exclusively.
StubHub strives to compete fairly, ensuring that fans only pay
market-driven prices based on actual supply and demand. We believe
fans, not front-office executives, have the right to decide how –
and for how much – resale tickets will be bought and sold.
According to the lawsuit, despite repeated requests by StubHub,
the Warriors and Ticketmaster executives allegedly refused to play
fair, to respect the fans, and to obey the law. StubHub’s only
option therefore remains to seek relief in federal court to stop
these anticompetitive business practices. StubHub simply wants
Ticketmaster and the Warriors' front office to embrace competitive
efforts rather than monopoly tactics.
The lawsuit, which can be seen here, describes in detail the
systematic, anticompetitive behavior that causes fans to suffer
financial harm for the sole purpose of creating a monopoly for the
resale of Warriors tickets.
Fifteen years ago, StubHub was started by fans to serve fans.
Today that’s still our focus. We will keep fighting for open, fair
ticket markets and the right of fans to make their own choices.
StubHubGlenn Lehrman, 917-533-5998glehrman@stubhub.com
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