you are viewing a single comment's thread
view the rest of the comments
[–] 31 points 1 year ago (6 children)

No, it's a sign of an improperly regulated market.

  • source
  • parent
  • hideshow 6 child comments
  • [–] 2 points 1 year ago (3 children)

    tbh how do you regulate the ticket market to demotivate scalpers?

  • source
  • parent
  • hideshow 3 child comments
  • [–] 18 points 1 year ago* (last edited 1 year ago) (2 children)

    The same way everyone else who regulates it does it - require the ID of the purchaser to be presented upon entry. Ticketmaster/LiveNation are simply not interested in curbing scalping as they make directly money off of it. Small independent vendors have employed ID verification for a long time to stop scalping along with explicit obvious messaging that tickets cannot be resold prior to purchase.

  • source
  • parent
  • hideshow 2 child comments
  • [–] -2 points 1 year ago

    If the tickets were auctioned, they would basically be sold at market value. You submit the highest price you are willing to pay for the section you want, and the system eliminates the lowest bids until you get to the set of people that bid higher that match the number of seats. Those people get the seats at $1 higher than the highest bid eliminated.

  • source
  • parent