Comment on Ticketmaster to be investigated by watchdog over 'dynamic pricing' of Oasis tickets
Wanderer@lemm.ee 1 week ago
Issues with monopolies and price controls should absolutely be addressed.
But supply and demand of in demand tickets where people are choosing to pay for non vital entertainment. Paying market prices doesn’t seem an issue.
Some venues you can’t even buy a ticket because it’s all owned by corporations that give them out to mates or business interests. That’s more of a concern.
Tamo240@programming.dev 1 week ago
I disagree with this whole ‘market price’ thing because as a consumer you don’t have constant opportunity to buy. You get one slot where you are are the front of the queue, and if you don’t like the price then tough. It essentially just rewards those who got to the front sooner, and punishes later joiners.
Wanderer@lemm.ee 1 week ago
Yea that’s fucked. But they do need some data to judge demand.
Tamo240@programming.dev 1 week ago
They should gather that before they set the price. Once the box office doors open, increasing the price is price gouging plain and simple.
Wanderer@lemm.ee 1 week ago
Yea I know there is a lot of money to be made in a job that does that.
It’s stupid I agree. But I don’t see how it requires government intervention.