this post was submitted on 15 Oct 2024
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Controversial dynamic ticket pricing to be banned in Australia amid sweeping federal crackdown (www.theguardian.com)
submitted 3 weeks ago by brisk@aussie.zone to c/news@aussie.zone
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[โ€“] Zane@aussie.zone 12 points 3 weeks ago (1 children)

"Ticketing giants Ticketmaster and Ticketek have defended the practice, saying prices were set by artists and their teams, and that demand-driven pricing mitigates the problem of ticket scalping."

People were fed up with scalpers overcharging for tickets, so we decided to overcharge in their place. Problem solved, you're welcome!

[โ€“] CameronDev@programming.dev 3 points 3 weeks ago

And it benefits the scalpers as well, who can point at the inflated retail prices and ask for even more.