Syracuse, N.Y. - Two Central NY ski resort owners found guilty of stifling competition.
State AG General Letitia James has won her case against Peter Harris and Richard Sykes of Intermountain Management.
A Judge agreed with the AG and has ruled that the ski resort owners illegally stifled competition when it purchased, Toggenburg Mountain, its main competitor and then shut it down.
AG James sued Intermountain alleging it illegally created a monopoly in the Syracuse market, causing skiers to pay more, deal with more crowded slopes and facilities due to the lack of competition.
The suit also alleged that Intermountain’s “no-poach” provision, which prevented Toggenburg's owners from hiring Intermountain employees, was anticompetitive and illegal.
In a ruling granting the Office of the Attorney General’s (OAG) motion for summary judgment, the court found both of Intermountain’s anticompetitive tactics violated New York’s antitrust law.
A future court date will decide the appropriate remedy for Intermountain’s anticompetitive conduct.
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