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Instead of banning resale, why not just allow resale at face value? The French open(tennis) does this and makes it possible to still get tickets at a reasonable
by mym1990 3y ago
Instead of banning resale, why not just allow resale at face value? The French open(tennis) does this and makes it possible to still get tickets at a reasonable price up until the day of the event.
- kazinator 3y agoBecause you don't handle the money. If A shows up to the concert with tickets originally purchased by B, you have no idea how much A paid. Banning resale is not about selling per se but banning the changing of ownership. The person who paid is verified to be the one attending.
- mym1990 3y agoWhat? In my example, Person B buys the change of ownership from person A at face value...its pretty clear how much they each paid. Absolutely no resale is just shifting the risk to the consumer, and affecting the 99% of people who want to see a good show. If the agency takes away the profit of resale, while still collecting a small fee on change of ownership, and allows customers to have flexibility in changing circumstances...its a win win win.
- kazinator 3y ago> its pretty clear how much they each paid By what surveillance method is this? Or you mean there is a locked down trading platform, and only there can tickets be traded? What prevents additional money from changing hands via an off-platform backchannel? A law could discourage that, like the one in Norway your sibling comment pointed out.
- matsemann 3y agoIn Norway it's by law not legal to resell tickets at a higher price. That means that all listings on reputable buy/sell sites will immediately be taken down if you try. It of course still happens, but in a smaller scale. You can't base a business around it, exactly.
- chpatrick 3y agoIn Hungary the best resale platform is TicketSwap and they only allow selling up to 10% or so more than face value, I think that's a good system.