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StubHub, CEO hit with ‘deceptive practices’ class action over mass scalping

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31–40 of 79 posts

Re: StubHub, CEO hit with ‘deceptive practices’ class action over mass scalping

#31
post #24

Earlier quoted context omitted.

The fact that "the name on the ticket must match your photo ID, but you can resell at any time before the event" would instantly solve scalping problems and yet nobody does it is your clue that nobody actually wants scalping problems to be solved. Scalpers are the sin eaters for Ticketmaster and the events themselves, taking the hate so the performers don't have to.

Adding ID checks would make venue entry a slower and more tedious process.

Here’s a wild idea, tie tickets to a drivers license/photo id number, and scan the id.

Edit guess that doesn’t work for kids. Start the tickets at 10k and drop them by a percentage a day. Automatic price discovery. Rich people can just buy them whenever they want.

Re: StubHub, CEO hit with ‘deceptive practices’ class action over mass scalping

#32
post #20

End it. Make reselling tickets illegal again overall. Allow resale within 5 days of the show only (for those that genuinely can't make it), and for face value+original fees only.

The UK is passing a law which makes it illegal to resell event tickets for greater than the face value.

Re: StubHub, CEO hit with ‘deceptive practices’ class action over mass scalping

#33
post #24

Earlier quoted context omitted.

The fact that "the name on the ticket must match your photo ID, but you can resell at any time before the event" would instantly solve scalping problems and yet nobody does it is your clue that nobody actually wants scalping problems to be solved. Scalpers are the sin eaters for Ticketmaster and the events themselves, taking the hate so the performers don't have to.

Adding ID checks would make venue entry a slower and more tedious process.

>Adding ID checks would make venue entry a slower and more tedious process.

Airports seem to handle them just fine?

Re: StubHub, CEO hit with ‘deceptive practices’ class action over mass scalping

#34

I don’t really understand the outrage over scalpers. Isn’t this just normal market behavior? Is a retailer that buys things and sells them with a markup a scalper? People seem to be willing to pay crazy prices for events.

Yes it's rational market behavior. But it bothers people for such a blatantly worthless middleman to capture all consumer surplus for themselves while providing zero value.

Which is to say, “perfectly efficient market” is not an end-goal in-and-of itself for most people

Re: StubHub, CEO hit with ‘deceptive practices’ class action over mass scalping

#35
post #28
post #25

Earlier quoted context omitted.

There is a reason this doesn't work in general though. If you bought up all the food, farmers would raise prices until either you couldn't afford to do that anymore or eventually there is a splurge of new farmers taking advantage of all your free money until you run out of money. It could maybe work in times of famine where the government introduces price controls or rationing; it does not work in normal times. For b…

Onion futures act. This is the reason that businesses don't try to monopolize the food industry. It's not competition as we just saw from the egg industry. The government gets pushed back from the masses pretty quickly on food related issues.

>This is the reason that businesses don't try to monopolize the food industry. It's not competition as we just saw from the egg industry. The government gets pushed back from the masses pretty quickly on food related issues.

But you provided your own counterexample with eggs?

Re: StubHub, CEO hit with ‘deceptive practices’ class action over mass scalping

#36
post #33
post #24

Earlier quoted context omitted.

Adding ID checks would make venue entry a slower and more tedious process.

>Adding ID checks would make venue entry a slower and more tedious process. Airports seem to handle them just fine?

Do they? Not necessarily making an argument for or against the original point, but to me airports epitomize "slow and tedious". My hunch is that they also don't handle nearly the volume of people/time that major stadiums do during event entry.

Re: StubHub, CEO hit with ‘deceptive practices’ class action over mass scalping

#37
post #25

Earlier quoted context omitted.

>Is a retailer that buys things and sells them with a markup a scalper? If you bought all of the food then offered the food at 10x the prices, we'd be outraged with you, yes. Stakes are lower because it's a luxury good, not food, but it's the same idea.

There is a reason this doesn't work in general though. If you bought up all the food, farmers would raise prices until either you couldn't afford to do that anymore or eventually there is a splurge of new farmers taking advantage of all your free money until you run out of money. It could maybe work in times of famine where the government introduces price controls or rationing; it does not work in normal times. For b…

This makes sense, but I'd contend it's all the more reason for outrage: not only are scalpers doing what they're doing anyways, but they're destroying the (totally legitimate and sympathetic!) reason for "artificially" lowering the price to begin with.

I should note that outrage doesn't seem to land on the people who buy from scalpers, which is...probably correct? Seems easier to say "don't break the contract" to scalpers instead of fans who are just able to pay more.

Re: StubHub, CEO hit with ‘deceptive practices’ class action over mass scalping

#38
post #9

Earlier quoted context omitted.

welcome to america 2026. where it's not only encouraged but expected that you're lying, cheating, and stealing your way to the top.

2026? As if stubhub/ticketmaster only materialized after trump2?

Ticketmaster sure but back in the day I could get tickets for a song on stubhub. That seems to be a relic of the past and the resale ticket marketplace is barely less than face value.

Re: StubHub, CEO hit with ‘deceptive practices’ class action over mass scalping

#39
post #24

Earlier quoted context omitted.

The fact that "the name on the ticket must match your photo ID, but you can resell at any time before the event" would instantly solve scalping problems and yet nobody does it is your clue that nobody actually wants scalping problems to be solved. Scalpers are the sin eaters for Ticketmaster and the events themselves, taking the hate so the performers don't have to.

Adding ID checks would make venue entry a slower and more tedious process.

In practice a lot of venues are already 21+ so they are already checking IDs.

Re: StubHub, CEO hit with ‘deceptive practices’ class action over mass scalping

#40
post #20

End it. Make reselling tickets illegal again overall. Allow resale within 5 days of the show only (for those that genuinely can't make it), and for face value+original fees only.

Not a lawyer but here's how it works:

Illegal usually means there's a law forbidding it.

Tickets are usually governed by the Terms and Conditions (Contract) between original purchase.

It's already possible for the terms to forbid resale.

So as it stands it's possible to sell untransferable tickets. And those who sell such tickets are in breach of contract, but are not breaking a law.

What would 'making reselling tickets illegal' entail, a law that makes selling transferable tickets illegal? That would be a very weak position. A law that upgrades the resale of untransferable tickets to a crime? Again a very weak position.

I contend that people that suggest and write laws should learn about actual law.

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