4 ms·
They are only able to do this because the original sellers don't, usually because they are afraid of angering people at the best, or violating the law at the wo
by pitaj 6y ago
They are only able to do this because the original sellers don't, usually because they are afraid of angering people at the best, or violating the law at the worst. If the original sellers raise prices in response to spikes in demand, there is less room for bad agents to take advantage of the situation.
- KozmoNau7 6y agoBy raising their prices, they also price those with less money to spend out of being able to afford essential items. The counter argument that "increased prices will entice manufacturers to increase production, driving down prices due to higher supply" is deeply flawed. People cannot wait several weeks for production to ramp up, if what they need is water, medical supplies and so on. The better way to do it is to apply anti-gouging regulations and purchase limits per customer.
- musicale 6y ago> because they are afraid of angering people at the best, or violating the law at the worst Yeah, many original sellers (e.g. Nintendo, or toilet paper manufacturers) probably don't want to violate the law and/or alienate their customers. Sometimes musicians don't want to price many of their (younger and/or poorer) fans out of the ticket market. I thought it was kind of cool when Green Day (for example) had a show that only accepted cash at the door. (Though I guess the wealthy could still pay people to wait in line or give up their spot, I expect that would be frowned upon by the other fans waiting in line.) Fan clubs can also help genuine fans buy tickets for themselves at face value, though they are also often exploited by resellers.