N.Y. Attorney General Investigating Springsteen Ticket Sales On StubHub, Other Online Brokers
December 9, 2015 at 10:57 AM (PT)
NEW YHORK Attorney General ERIC SCHNEIDERMAN has sent letters to EBAY's STUB HUB, TICKETNETWORK INC. and VIVID SEATS ordering them to remove reseller listings of "speculative tickets" -- tickets not yet in hand by the seller -- to BRUCE SPRINGSTEEN's upcoming concert tour, according to REUTERS. The letters also asked company executives to meet with investigators in the Internet bureau to answer questions about how they can prevent speculative ticket sales..
Although tickets to SPRINGSTEEN's 2016 concert tour will not go on sale until FRIDAY (12/11), the Attorney General's office said it found tickets were already being listed for sale on the three companies' websites, some for as much as $5,000 or more.
"Speculative tickets harm both consumers and the ticket industry," wrote Assistant Attorney General for the Internet Bureau JORDAN ADLER. "In many cases, consumers who purchase a speculative ticket do not receive the seats that were advertised and paid for."
A STUBHUB spokesman said it planned to respond to the letter, adding it stood behind every ticket sold on its website. "If any of these things do not occur, we will find comparable or better tickets to the event, or provide a refund," the spokesman said.