hacking and scalping

Some hackers were apparently caught hacking TicketMaster, buying tickets, and scalping them at a higher price. The article is clear on this point, but I would assume the hackers actually paid the Ticketmaster price but then resold the tickets for a much higher price.

So these guys are being accused of both hacking and scalping. While I have no sympathy for hacker could someone explain to me why scalping is even illegal? Seriously, if an event is selling tickets for $25 that have a market value of $75, why are we criminalizing the scalpers? If the tickets were sold using dynamic pricing like hotel rooms scalpers would be out of business, the event would make more money, and customers would have less fear of getting ripped off.

What am I missing here?

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One response to “hacking and scalping

  1. thanks for sharing, very interesting information ..

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