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Stock impact report

New York Lawmaker Asks for Probe Into Ticketing Refund Policies [The New York Times]

eBay Inc. (EBAY) 
Last ebay inc. earnings: 4/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.ebayinc.com
A New York lawmaker on Thursday expressed concern about consumeraccusations that Ticketmaster had changed its refund policyA spokesman for the Attorney General declined to discuss whether the office had started a formal investigation of the sort requested by Senator James Skoufis, Chair of the Senate Investigations and Government Operations Committee. But the spokesman said, “We are already looking into the matter.”The Attorney General’s office said it had also independently received several complaints from ticketholders about the ticketing industry and delays for refunds on live events hit by the pandemic.Ticketmaster has denied changing its refund policy, saying that it only clarified language on its website. And Ticketmaster maintains that it acts only on behalf of clients, like concert promoters and venues, that often have the final say about whether to refund tickets.In astatementThat announcement came after consumers flooded social media with gripes over their difficulty securin Show less Read more
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