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raccoon

(31,111 posts) Sat Mar 14, 2020, 01:44 PM Mar 2020

Price gouging crackdown? Why doesn't price gouging apply to concert tickets? nt

1 replies

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Price gouging crackdown? Why doesn't price gouging apply to concert tickets? nt (Original Post) raccoon Mar 2020 OP

There used to be scalping laws exboyfil Mar 2020 #1

exboyfil

(17,863 posts)

1. There used to be scalping laws

Reply to raccoon (Original post)

Sat Mar 14, 2020, 01:52 PM

Mar 2020

A robust resale market seems to be economically useful especially for a luxury good. It would be better for it to go to the artists and production company though. I wonder about a reverse auction on all tickets at first issuance to maximize revenue for the artists and production company.

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