Scalping laws need reform

by Aaron

Following my recent post on patent reform, there needs to be a crackdown on scalpers and a reform in scalping in general.

Scalping tickets is such a huge business. Back in October, I read a story about tickets for pop star Miley Cyrus being sold out minutes within their release. Who bought so many of those tickets? Scalpers. Tickets sold at $65 were being re-sold in the aftermarket for $200-$250. Understandably, it’s hard to crack down on these scalpers without a nationwide law and with the use of the Internet.

However, you have to think that something’s wrong here. It seems like the wrong people are benefiting from public events only because they have the technology or connections to beat your average parent to the punch.

Share November 27, 2007 | Tags: , ,
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