StubHub files an antitrust lawsuit against the Warriors and Ticketmaster, accusing them of conspiring to create an illegal resale market by telling season-ticket holders to only resell their tickets through them. The suit also claims that the Warriors told season-ticket holders that if they resold tickets through any entity other than Ticketmaster’s exchange or NBATickets.com, they will lose their ticket privileges, including playoff ticket privileges and ticket offers for next season. StubHub says their Warriors ticket listings are down eighty percent over the past year.
If the anti-competitive actions complained herein are not stopped, Ticketmaster is likely to seek to replicate them with other teams. As a result, millions of Americans will be held captive to a monopoly secondary ticketing exchange.