Why Is Scalping Illegal?

Is StubHub owned by Ticketmaster?

EBay has owned StubHub since 2007, when it bought the business from Messrs.

Baker and Fluhr for $310 million.

Ticketmaster, the largest ticket seller, has been expanding its resale business, too.

The secondary ticketing market overall, meanwhile, has been contending with a more-aggressive primary ticketing market..

Well the answer is no it’s not, you bought it so it’s yours, if you want to sell it and someone will pay double the retail price well good luck, you can sell it for whatever you want. the law say’s if it owned by you, you can do what you want with it.

Why are scalp tickets illegal?

If they are selling at a higher price they have permision from the venue. What if the game you want to see is sold out and there arent any tickets left, then it’s it Ok to scalp at the venue? Big business doesn’t like competition, so they have it made illegal.

Will scalping become illegal?

In short, no. While areas have taken notice of scalping tickets, this type of law has not been expanded to stop people from scalping other items. Each year, items like consoles, collectibles, and games, get resold at higher values than they are worth. Companies do little to prevent this action from happening.

Why is scalping bad?

Scalpers make it more difficult to access tickets and charge a premium for doing so. Ticketmaster is in the scalping business now. … Scalpers do nothing but buy up vast amounts of tickets so that others can’t and sell them on for more than they’re worth. They couldn’t sell them if they weren’t worth that much…

Why does Ticketmaster allow scalping?

It helps manage large inventories.” Here’s how it works: scalpers set up fake accounts to buy tickets in bulk on Ticketmaster.com since the website limits how many “tickets one person can buy. The scalpers then sell those tickets at inflated prices on TradeDesk.

What is a scalper ticket?

Ticket resale (also known as ticket scalping or ticket touting) is the act of reselling tickets for admission to events. … Tickets sold through secondary sources may be sold for less or more than their face value depending on demand, which tends to vary as the event date approaches.

Who is Ticketmaster owned by?

Live NationTicketmaster, which is owned by live entertainment juggernaut Live Nation, enlists resellers to grab large batches of tickets from its site and then flip them for higher prices on a Ticketmaster-owned, invite-only platform called TradeDesk (touted by the company as “The most powerful ticket sales tool.

Is scalping unethical?

While this may be unethical (or immoral) to many because they are depriving true fans of their tickets, unfortunately, this is not illegal! For a simple reason – Demand and Supply. Anything with limited supply and huge demand, prices will rise.

Ticket brokers may not resell tickets at a premium in excess of 50 percent of the price paid to acquire the ticket, plus lawful taxes. There is no limit on the price of tickets sold by people, other than ticket brokers, over the Internet. May not resell tickets in the vicinity of an event, except in designated areas.

Are ticket bots illegal?

United States. In 2016, the U.S. Congress passed the Better Online Ticket Sales (BOTS) Act. It made it illegal to buy tickets to events by evading security measures and breaking purchasing rules set up by the ticket issuer. It also banned the resale of such illegally bought tickets.

How many PS5 are scalped?

Now, according to the latest in a series of reports by data engineer Michael Driscoll on the DEV Community forums, it seems that a total of 10 to 15 percent of all PS5 consoles in the US are owned by scalpers.