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by spiek 4695 days ago
For context on this, Gothamist recently posted this article about a company that "pre-books" reservations at hard to get restaurants. Customers pay $1,000/year for the privilege and then $45/$90 on top for especially hard to get reservations.

Article: http://gothamist.com/2013/08/02/wealthy_foodies_can_buy_hard...

The Gothamist article came from this Food Republic article: http://www.foodrepublic.com/2013/07/30/man-gaming-new-york-c....

In other words, companies are starting to farm restaurant reservations to sell them, similar to the way that the market for event tickets has been corrupted.

1 comments

Thank you for this! I read the entire article waiting for "Ok, so why do bots book all these restaurants. Be nice if the author had pointed out the economics behind it.