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Schwalb said since implementing the drip pricing model in 2015, StubHub has sold nearly five million tickets to District consumers, resulting in approximately $118 million in hidden fees.
July 31, 2024 at 6:24 AM. WASHINGTON (AP) — The attorney general for Washington, D.C., sued StubHub on Wednesday, accusing the ticket resale platform of advertising deceptively low prices and ...
The lawsuit, which alleges that Stubhub sold more than 5.5 million tickets to DC residents since that year, comes amid increasing criticism of ticket-selling platforms for so-called “junk” fees.
That makes it “nearly impossible” for buyers to know the true cost of a ticket and compare to find the best price, he said. Fees vary widely and can total more than 40% of the advertised ticket price, the lawsuit alleges. StubHub is one of the world’s largest resale platforms for tickets to sports, concerts, and other live events.
StubHub is an American ticket exchange and resale company. It provides services for buyers and sellers of tickets for sports, concerts, theater, and other live entertainment events. By 2015, it was the world's largest ticket marketplace.
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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related to: stubhub tickets sports ticket pricesstubhub.com has been visited by 1M+ users in the past month
tickpick.com has been visited by 10K+ users in the past month
A+ Rating - Better Business Bureau