Why should government be involved at all.
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.