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by cbsmith
57 days ago
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> They don't seem to mention the most obvious reason: the same companies profit from both the primary and secondary market. That's not true. Ticketmaster has a monopoly (or near-monopoly) on the primary market. On the secondary market they have a fraction of the market; the dominant players are StubHub, SeatGeek, and Vivid. Furthermore, most of the revenue from primary ticket sales goes to the venue and the artist/promoter, and they are usually completely disintermediated from the resale market. |
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