( October 16, 2026, 15:42 GMT | Official Statement) -- MLex Summary: Toggenburg ski resort, previously bought and closed by its only competitor, Intermountain Management, will reopen for the 2027-28 ski season under new management, restoring competition in Syracuse, New York Attorney General Letitia James said in a statement. New York sued Intermountain over its acquisition of Toggenburg, the resort's subsequent shuttering, and restrictive no-poach agreements Intermountain imposed preventing Toggenburg's owner from hiring any Intermountain employees at his other New York ski resorts; alleging Intermountain had violated state antitrust law by stifling competition. “We’re putting an end to Intermountain’s illegal monopoly that allowed it to raise prices and take advantage of skiers. I am thrilled that New Yorkers will once again have access to Toggenburg Mountain, and I will always fight to protect consumers and workers from illegal monopolies that try to profit at their expense," James said. Statement follows below: ...
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