why are "ticket brokers" legal, when all they are are scalpers anyway?

Question

Tool(the band) announced it was touring, when I looked for tickets they were sold out in 3 minutes!!  I went to look for tickets "elsewhere" on-line and I came up with "ticket brokers" who were legally established in offices across the city(chicago).  They had tickets that at face value were $100.00 for front row, and they were selling them for $800.00, yes, eight-hundred dollar$.  If I bought a front row ticket, I'd try to sell it for 800 dollars and be put in jail in moments.  Why can they do this "legally"?  What rules are they allowed to bend that normal humans can't?

Anonymous · Accepted Answer

you know its a conspiracy. Im pretty sure that the ticket brokers work for the band and the labels and the venues. its just another way the record companies and artists make extra cash, without you thinking its them thats actually ripping you off. You know they put a couple of the best tickets to the side until the show sells out and then have someone working for them sell them for five times the price.
thats extra profit for the band and the record companies.
You know as well as i do that the record companies wouldnt allow that to happen unless they were the ones making the cash.
peace
djkevin@sbcglobal.net

jim · Answer

Very simple.  Ticket brokers are registed to do business in the state where they are incorporated.  As a result they pay income taxes on the money they earn.  Scalpers just pocket the money they make and pay no taxes.  Once again, it's all about money !

pythonprincess · Answer

I'm not sure but I would imagine because they are established businesses, with a fed tax id and they report everything whereas you would just keep all the profit.  Maybe you should open your own business as a broker.

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why are "ticket brokers" legal, when all they are are scalpers anyway?

3 Answers