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But there's already a natural monopoly on tickets isn't there? You can only buy them from the venue that the show is taking place at. Surely if they see that th
by imgabe 17y ago
But there's already a natural monopoly on tickets isn't there? You can only buy them from the venue that the show is taking place at. Surely if they see that the market will bear 10x the price they're asking, they'll just raise the face value price on the ticket. This would make it unprofitable for the scalper to buy them all and resell them, since he could no longer ask 10x the price.