Recently, Coldplay conducted a concert in my country. Those people who had no interest in watching the concert bought the tickets at dirt cheap prices and then resell it for 100 times the real price when the dates of the concert are near. What was more horrible is that resale platforms agreed to shore in the process provided they get a higher premium from those buying it!
What laws and procedure is in place in your country to control pricing formulas of concerts and their related ticket sales and resale? Any innovative mechanism?
What laws and procedure is in place in your country to control pricing formulas of concerts and their related ticket sales and resale? Any innovative mechanism?
