NFL tickets under antitrust investigation in New York: reports

New York Attorney General Eric Schneiderman has launched an antitrust probe of the National Football League and the way it sets ticket prices, media reports said on Thursday. Citing a person with knowledge of the investigation, Bloomberg said Schneiderman is probing whether the NFL’s pricing rules for resales are illegal. The attorney general noted that the reselling practices harm consumers, because the NFL Ticket Exchange, a marketplace operated by Ticketmaster, can lead buyers to think they are paying market prices. Talking to The New York Times, Schneiderman said his office “will continue to crack down on those who break our laws, prey on ordinary consumers and deny New Yorkers affordable access to the concerts and sporting events they love”. The antitrust probe comes just 10 days before the Super Bowl, where average resale tickets have topped $5,000.

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