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by BlueTemplar 2016 days ago
This must mean that these concert tickets aren't being sold at market prices to start with...

Now, a much worse situation is for critical health products, like what happened with masks and hydroalcoholic gel during the start of Covid. Not surprising that the governments intervened and made scalping of that illegal, and relaxed some rules on their fabrication.

(But on the other hand the governments did some "scalping" themselves for the medical workers, by not only requisitioning masks, but also making propaganda about how masks weren't effective!)

1 comments

> This must mean that these concert tickets aren't being sold at market prices to start with...

The "market" is more than just the price of goods sold, it's always also the environment. Events have to at least show some level of affordability for the common man or public backlash occurs.

Hardly anyone would go to a soccer match if the starting price for the ticket was in the four-digit range, any band that dared to put up scalper-market prices as base prices would be flamed to death as "elitist" by the media and the fans alike. I mean, people are already claiming that Wacken has gone too elite and Rammstein sold out to the rich.

Also, politics would intervene because many venues have been built entirely or largely with taxpayer money or the operation is supported by taxpayer money (tax credits, public transport, public parking).

I guess what they could do is to sell concert tickets as named lottery tickets, that way :

- they can keep the price of an individual ticket relatively cheap

- fairness is preserved

- they probably would still get more money than now, while scalping would be basically infeasible