Restrictions against ticket scalping actually drive up the cost of many tickets.

Question

Quizplus · Accepted Answer

When there are restrictions against ticket scalping, the supply of tickets decreases, leading to an increase in demand and subsequently, an increase in ticket prices. This is because scalpers buy up tickets in bulk and resell them at a higher price. When they are prevented from doing this, they may resort to other means such as creating fake tickets or manipulating the market, which can further drive up prices. Therefore, restrictions against scalping can actually have the unintended consequence of making tickets more expensive for consumers.

Restrictions Against Ticket Scalping Actually Drive Up the Cost of Many