acrashb
CGN Ultra frequent flyer
- Location
- GTA / Golden Horseshoe
1) They aren't a "cancer upon a free market", they just another part of a free market. As soon as we use the force of law to inhibit them, we are reducing freedom in the market (and therefore our lives).Scalpers are a cancer upon a free market.
[...]They profit by inhibiting the free flow of goods from a manufacturer to the consumer.
2) As I have pointed out, they profit (or lose) by taking risks. They buy a block of tickets (or other goods), hoping that demand will be strong. Regarding the losers (whom we seldom remember because we gleefully buy from them), anyone ever buy discounted tickets outside a venue when the scalper over-estimated demand? I have. Great way to save a few bucks on a last-minute purchase. Closer to gunnutz, lots of would-be scalpers lost a ton of money on p-mags when the market shifted.
If you don't like them - in other words, don't want to pay their prices - then don't buy from them. That means someone else, with either deeper pockets or more desire, will buy instead. Or that no-one will, and then the price comes down. Sounds free from here.