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Worse, those commercial interests are about high-volume ticket scalping, which is about as far from consumer welfare as one can get. 0000001594 00000 n
And then in 2000, the year StubHub was formed, internet technologies transformed resale by providing the digital infrastructure for ticket scalping and arbitrage to occur on an industrial scale and with a veneer of legitimacy. Ticketmaster does not make that decision either; it just follows the artists instructions. 25, at 118. You Care. These tools empower hundreds of artists to make individual choices about the best strategy for selling their tickets to their fans. In any case, it doesnt take a Ph.D. in economics to figure out that consumers arent better off when a $300 ticket sells for $3,000 and the artist doesnt get a penny of the scalpers $2,700 profit. Minnesota, for instance, repealed its scalping law from 1963, making all ticket reselling legal in 2006. 0
It does not work at all if artists are able to deliver tickets directly to the fans who want to attend the show at the prices the artist selected because, to state the obvious, those people wont resell their tickets. Ticketmaster, which has advocated for bot laws that have passed in 13 states, has taken a two-pronged approach to combat the use of bots. <<26285224fcea3c459ad9aa112487eef8>]>>
And they dont. StubHub even skirted the anti-scalping laws that most States had but which, not anticipating the internet, were limited to scalping at the event site. 25, at 118. Buying tickets in bulk to create artificial shortages and then reselling at a higher price has been observed at various times in human history. Big companies show that scalping isn't illegal. Webticket scalping legal).32 Between 1989 and 2008 there were no regulations specifically related to ticket resells in Tennesseethe market forces of supply and demand were the sole determinant of ticket resale prices in Tennessee. During the COVID-19 pandemic, when flights were being canceled in the face of national lockdowns, it was found that scalpers had acquired air tickets from various major US airports to China and were reselling them at exorbitant prices in the black market to Chinese students, who were trying to join their families in their home country. Using or selling software to circumvent, thwart, or evade a control or measure, which is used on a ticket seller's internet website to ensure an equitable distribution of 4'[1ckq6R7{/^}-:-K4- na7Cu1x'tzLF AY!fY8rYdT9Rg63 4\cB1zZpw|6! In Ontario, reselling tickets above the face value is completely illegal due to the Ticket Speculation Act. Different individuals could use scalping bots depending on their needs. Number of prosecutions in Davidson County: 0. So, a person should not assume that buying tickets from an online auction site is legal in every case. endstream
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Login. Its about scalper freedom. For what it is worth, tolerance of scalping varies greatly from country to country.
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Taking advantage of the excitement surrounding the Olympic Games, the Chinese national spent 230,000 yuan (USD 34,000) to book 527 tickets to various events using the online ticketing portal.