When congressman Pat Ryan learned that Collectors Holdings, which already owns card grading giant PSA and its former competitor SGC, purchased Beckett in mid-December, it caught his attention. He then wrote a detailed letter to the Federal Trade Commission demanding action. This, to him, was an emerging monopoly. “It pisses me off,” the New York…
Collectors, parent company to PSA, SGC, and now Beckett, still views the three trading card grading brands as competitors, the president of Collectors’ grading business unit, Ryan Hoge, told The Athletic. However, the company wouldn’t address concerns of a potential monopoly within the grading industry that prompted a U.S. Congressman to write to the FTC on…
Collectors, the parent company of leading trading card grader PSA (Professional Sports Authenticator), is acquiring well-known collectibles media and grading company Beckett. On Monday, Collectors announced that a “definitive agreement” is in place and that Beckett “will remain an independent brand.” It said Beckett will continue its “own operations, customer experience, and standards around grading,…