Letitia James targets Upstate ski resort monopoly
New York State Attorney General Letitia James has taken aim at a pair of Upstate ski resorts and sued them for unlawful, monopolistic and non-competitive business practices.
The lawsuit is against Intermountain Management, which owns and operates two resorts – Labrador and Song Mountains. The AG’s Office has accused the company of purchasing its main competitor, Toggenburg Mountain, only to shut it down and direct skiers to its own resort.
Intermountain is owned by partners Peter Harris and Richard Sykes.
In addition, the AG’s Office also reached an agreement with the owner of Greek Peak Mountain, who had formed an illegal agreement with Intermountain not to hire any of its employees. The settlement requires the owner of Greek Peak, John H. Meier, to pay $195,000 to the State and Meier has agreed to testify against Intermountain in the AG Office’s suit.