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House Democrats have launched an investigation into StubHub CEO Eric Baker over allegations that his involvement with a ticket reselling fund may have created conflicts of interest and harmed consumers.
Rep. Robert Garcia (D-Calif.), the ranking member of the House Oversight Committee, sent a letter to Baker on July 24 requesting documents and information related to Andro Capital, a ticket broker fund in which Baker serves as a managing partner and part-owner.
According to the letter, Andro Capital has sold secondary-market tickets on StubHub since 2008 and has generated more than $5 million in sales on the platform since 2022. Garcia alleges the relationship raises concerns about potential “market manipulation and self-dealing,” questioning whether Baker benefited from preferential treatment while consumers faced rising ticket prices.
The inquiry follows reporting earlier this month that highlighted Baker’s financial ties to Andro Capital. Although StubHub disclosed the relationship in regulatory filings ahead of its 2025 initial public offering, the reports prompted a consumer class-action lawsuit alleging the company misrepresented itself as a neutral fan-to-fan ticket marketplace.
Garcia is requesting communications between Baker and StubHub regarding Andro Capital, along with details about the fund’s finances and whether it receives access to any special tools or features unavailable to other sellers. The congressman asked that the information be provided by Aug. 6.
As Democrats currently hold the minority in the House, the request does not carry subpoena power and cannot be legally enforced unless backed by a committee majority.
StubHub defended the arrangement, saying Baker’s investment has long been publicly disclosed and that Andro Capital operates as an independent company.
The investigation comes as federal and state officials continue increasing scrutiny of the secondary ticketing market. In recent months, policymakers have targeted practices that allow professional ticket brokers to purchase large quantities of event tickets and resell them at significantly higher prices.
President Donald Trump previously signed an executive order directing federal agencies to address deceptive ticket resale practices, while the Federal Trade Commission has also pursued legal action involving the secondary ticket marketplace.
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