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With icons like Taylor Swift on tour this summer, concert ticket purchases are booming. Unfortunately, so are ticket scams.In 2022, the Better Business Bureau received over 140 reports on BBB Scam ...
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 ...
StubHub was founded in March 2000 as a class project [7] by Eric Baker and Jeff Fluhr, both former Stanford Business School students and investment bankers. [8] One of its first major sports deals was with the Seattle Mariners in 2001. [9] In 2002, eBay was in talks to acquire StubHub for US$20 million, although the agreement had later "fallen ...
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 ...
Revenue. $11.9 billion in 2019 [ 1] Number of employees. 6,678. Parent. Live Nation Entertainment (2010–present) Website. ticketmaster.com. Ticketmaster Entertainment, LLC is an American ticket sales and distribution company based in Beverly Hills, California with operations in many countries around the world.
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