Tokyo 2020 Olympic Organizers Make Plans to Counter Ticket Scalping
The Tokyo 2020 Olympic and Paralympic organizing committee has announced plans to counter ticket scalping ahead of the event, Reuters reported this week. The committee is especially fearful of massive ticket buyouts and inflated resale for the 2020 games given the scalping ring that slowed ticket sales for the... Read more
Michigan Students Making Profits “Flipping Tickets” on Social Media
Some budding entrepreneurs at the University of Michigan are apparently making some extra cash in a new market using an old technique: Using supply vs. demand to turn ticket-buying opportunities into profit. Utilizing their ability to get low-price student tickets for Wolverine home games at the famed “Big House”,... Read more
Ontario AG Naqvi Floats New Rules to Battle Scalping, Bots
After announcing late last week that a survey indicated broad support for reforms in the ticket industry, Ontario Attorney General Yasir Naqvi proposed legislation that would outlaw the use of “bots” on Monday, but offered little detail as to the specifics of the legislation. According to a story by... Read more
A “Hamilton” Ticket Buyer Defends the Free Market and High Ticket Prices
“High  prices are a natural reflection of great demand and scant supply. In a free market, in which private individuals can engage in mutually advantageous gains from trade, they are inevitable until demand subsides or supply expands….I don’t object to ticket resales above face value, and I think it is... Read more