Posted on 07/06/2015 2:39:20 PM PDT by MichCapCon
Why should government be involved at all.
I agree with ending the ban. A ticket is a commodity or an investment just like any other. Why not let the free market reign?
If the prices are too high nobody will buy the tickets.
...why not let the free market reign?...
Simple. In general, once anything Is placed under government control, it is loathe to let the control go.
The government should have their budget cut in half and the empire builders sent home.
better question- should we the people set limits on what government can spend?
Ticker resellers who buy large blocks of tickets with the sole intent of jacking up the prices are the problem, but I see their lobbyists have done their job well.
Have concert promoters, sporting events, etc put the original tickets up for bid on the internet. You bid for the seats you want against everyone else and cut out the scalper.
The issuer of the ticket should have the right to forbid the scalping. But if he doesn’t forbid it, then neither should the government.
The solution is simple then. The venue owner sets a limit on the number of tickets that can be sold to any individual.
No government needed.
L
Ultimately the government is needed in order to enforce honesty one way or another, but that is admittedly difficult to carry out in practice when the government itself is dishonest.
One is either honest or dishonest. And no amount of government coercion can change that. All government can do is punish dishonesty after the fact.
L
On the only scale that matters in eternity, everybody is dishonest.
On a relative scale, a government can reinforce the idea of honesty in various ways, punishing the lack of it being only one such way.
Name 3 other specific ways, please.
Thanks.
L
Why should I? It is truth. Research it yourself.
RE: “Gov’t should not be involved”
Sigh - if only all men behaved decently...
Scalper ticket resellers add No value to event venues.
I have seen complete 40,000 seat civic centers sell out of tickets within 5 minutes of going on sale.
Bass turd resellers ticket squatters buy up huge chunks of seats, and then, without adding any value for the performer, event facility, or ticket buying public, jack up the price by 20 - 100%.
They cause scarcity and drive prices higher.
Anyone who defends scalpers, ought to ask themselves if it’s okay to extend scalping to buying up the contents of a store and then setting up shop to mark it up more for sale. No value added. Just a dirty rotten scarcity racket.
The same thing is happening to domain names.
Bass turd domain name squatters buy domain names for $2, then charge $800+ to purchase a domain name that doesn’t even have significant brand catch word value.
Confession to people I respect and trust here -
I cannot fail to acknowledge the benefit I receive from gov’t regulation in the name of consumer protection.
And if I may state: neither can anyone else here.
Scales, weights and measurements protect you from getting ripped off at the gas pump and grocery store.
Uniform commercial code / fair credit laws protect you from fraudulent contracts.
USDA and FDA “ideally” add value and protect us from tainted food, and harmful snake oil cures.
Fed & State labor laws may encumber unfettered production potential, but it is good to have labor boundaries for holidays, weekends, overtime compensation, and age discrimination.
I think its a delicate matter of equilibrium between free market forces and minimal counter balance consequences preventing those who adversely affect health and well being through fraud or predatory practices.
That’s my non hypocritical current point of view.
You made the assertion, therefore the burden of proof lies upon you.
(The NCAA did require an exception for the March Madness Tournament in Indy since we host it pretty often.)
Involving government in price-fixing is like involving cookie monster in your Girl Scout cookie sales. It can never end well.
If scalper buys all the $40 tickets and jacks up the price and nobody wants them. Scalper is out of money.
I did not say that venues and private outfits that sell the tickets can’t limit mass purchases. They don’t need a law for that.
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