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October 23, 2026 - WASHINGTON, D.C. — On Thursday, Rep. Robert Garcia, Ranking Member of the Committee on Oversight and Government Reform, demanded answers from Andro Capital’s Managing Director Eric Baker, who also serves as CEO at StubHub, following allegations that Andro Capital purchases tickets in bulk and resells them on StubHub, earning Andro Capital millions of dollars from StubHub. This letter is an escalation of Oversight Democrats’ ongoing investigation into the ticket resale market and the relationship between StubHub and Andro Capital, posing more questions regarding how Andro Capital’s bulk ticket purchases could make it more difficult for fans to buy and sell tickets to events.

“Eric Baker appears to be using his positions at Andro Capital and StubHub to profit, potentially at the expense of customers, fans, and artists. This apparent conflict of interest and potential grift is unacceptable. We are demanding answers,” said Ranking Member Robert Garcia.

In the letter to Andro Capital’s Managing Director, Eric Baker, Ranking Member Robert Garcia wrote, “Oversight Committee Democrats remain concerned with the fact that exorbitant ticket prices too often mean that attending a favorite concert, sports game, or event is too expensive for many Americans. Everyday consumers must compete against sophisticated scalpers who buy up tickets to resell them on third-party websites for a quick profit. Andro Capital Management (Andro Capital) is one of these bulk ticket purchasers, and your dual role as Managing Director of Andro Capital while also serving as Chief Executive Officer of the ticket resale platform StubHub raises concerns of preferential treatment, abusive practices, and bad deals for concertgoers, sports enthusiasts, artists, and fans. As reported in StubHub’s securities filings, Andro Capital maintains a related party relationship with StubHub beyond that of an ordinary ticket broker. I request information about the role that Andro Capital plays in the ticket market and how the relationship between Andro Capital and StubHub may unfairly raise costs for consumers and limit profits for artists.”

In July 2026, Ranking Member Robert Garcia wrote to Eric Baker, in his capacity as StubHub CEO, demanding answers on allegations that Baker may have profited as a result of an alleged preferential ticketing scheme between Andro Capital and StubHub.

Source: House Committee on Oversight and Government Reform-Democrats