the.com/ticketmaster resale
the marketplace where a hundred-dollar ticket becomes an economics lesson.
means ticketmaster's own platform letting fans list already-purchased tickets for sale, usually above face value, with the company collecting fees on both the original sale and the resale.
from born from ticketmaster's 2010 merger with live nation, which handed one company control of primary tickets, venues, and the secondary market where those same tickets get flipped, closing the loop nobody asked for.
double feesticketmaster earns commission twice on one ticket.
dynamic pricingprices can rise mid-sale based on demand.
doj lawsuit2024 antitrust case cites resale as key evidence.
bots blamedcompany admits bots buy tickets to resell higher.
for instance
taylor swift eras tour — 2022 presale crashed site, resale prices hit 20000 dollars.
bruce springsteen 2022 — dynamic pricing pushed some tickets past 5000 dollars.
nfl playoff tickets — resale fees regularly exceed 30 percent of face value.