Comment on Reselling tickets for profit to be outlawed in UK government crackdown

FishFace@piefed.social ⁨1⁩ ⁨day⁩ ago

• Bluefalcon@discuss.tchncs.de ⁨1⁩ ⁨day⁩ ago

  So what is considered a luxury? Is a hot meal? A house? Warm clothes? To me, art should be consumed by all not the the rich.

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  • FishFace@piefed.social ⁨1⁩ ⁨day⁩ ago

    I’m sure there’s a grey area somewhere, but concert and football tickets are not it. There are many affordable ways to experience art, what we’re talking about is tickets to see the most popular entertainers in the country. Tickets to see your local band or Sunday league club play are free or cheap.

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    • tempest@lemmy.ca ⁨19⁩ ⁨hours⁩ ago

      You think that, until you realize that live nation controls almost every venue in your city/state/country and then you start getting juiced for even smaller acts.

      If they want to keep their vertical integration they should have to play by some rules.

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      • FishFace@piefed.social ⁨19⁩ ⁨hours⁩ ago

        Live Nation’s annual profit is under a billion dollars, on a revenue of about 23 billion, which is a profit margin of about 4%. I agree they should have to play by some rules, and having an effective monopoly on ticket sales risks abuse of that monopoly, but it is not currently happening to any great degree, and it has nothing to do with the high cost of tickets. Also their business practices in general, with predatory pricing, should be legal, but again, this has nothing to do with whether, in principle, there needs to be government intervention to enforce artificially cheap ticket prices.

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    • Bluefalcon@discuss.tchncs.de ⁨19⁩ ⁨hours⁩ ago

      So making sure there is an unattainable area to all is fine with you? So where is the line?

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      • FishFace@piefed.social ⁨19⁩ ⁨hours⁩ ago

        “Making sure there is an unattainable area” is a weird way of putting. It’s fine that some experiences (whether to do with art and entertainment or other things) that are out of reach of almost everyone - there always will be. Almost no-one can have the experience of sitting in the best box in the best opera house. Almost no-one can experience going to space. Does the government need to regulate prices of those experiences?

        You ask “where is the line” as if you are not drawing one. But you are, you just don’t even see it; there are still experiences you think should receive free market prices, you just haven’t thought much about them. I’m not drawing a line - I’m saying the government should keep out of enforcing prices in entertainment and can’t think of a scenario where it would be necessary.

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  • zabadoh@ani.social ⁨1⁩ ⁨day⁩ ago

    Liverpool matches are art? Not lately…

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    • Bluefalcon@discuss.tchncs.de ⁨19⁩ ⁨hours⁩ ago

      One man’s trash is another man’s treasure.

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• gwl@lemmy.blahaj.zone ⁨23⁩ ⁨hours⁩ ago

  Ah yeah, and that’s why the ticket I bought for £20 resold for £200

  Don’t be a bleeding idiot

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  • FishFace@piefed.social ⁨23⁩ ⁨hours⁩ ago

    I’m sorry, are you complaining that prices are kept artificially low?

    Because I thought the question was about consumer freedom to buy something instead of the expensive ticket, not seller freedom to make as much money as possible.

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    • gwl@lemmy.blahaj.zone ⁨23⁩ ⁨hours⁩ ago

      I’m complaining that resale is exploitative, and that’s very much intentional

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      • FishFace@piefed.social ⁨23⁩ ⁨hours⁩ ago

        And I’m saying you can just choose not to buy the tickets at that price. That’s the free market in action.

        There are lots of cases where the free market is clearly inappropriate. For example, I can’t just choose not to have basic utilities like water and heating, so there needs to be an appropriately regulated market to prevent price gouging. But if prices get gouged on tickets for Taylor Swift or whatever, then who cares? So only rich people can go to her concert - big deal, people who can’t afford it can:
        * go to a cheaper concert by a less popular artist
        * buy her album for much less
        * stream her album for even less

        What are the consequences if we had this model?

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• bdonvr@thelemmy.club ⁨1⁩ ⁨day⁩ ago

  How free is the market?

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  • Bennyboybumberchums@lemmy.world ⁨1⁩ ⁨day⁩ ago

    Very. You have the 100% option of not buying scalped shit at all times.

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  • FishFace@piefed.social ⁨1⁩ ⁨day⁩ ago

    Completely?

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    • gwl@lemmy.blahaj.zone ⁨23⁩ ⁨hours⁩ ago

      I think you’re living in a fantasy land

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