 In the same month, research commissioned by Viagogo revealed that Britons had lost £50 million to ticket fraud over the preceding twelve months and 500,000 Australians had been the victims of ticket fraud, with 81% of cases resulting from transactions on eBay and Gumtree.On 25 November 2019, Viagogo announced its intent to acquire the U.S.-based StubHub (which was co-founded by Baker) for US$4.05 billion , and in April 2020 a full investigation by the Competition and Markets Authority was launched in the U.K. that could result in the company being required to sell parts of their operation, or the deal being blocked .Viagogo sells secondhand tickets.