The risks of ticket scalping

I don't think that this provides an efficiency explanation for banning ticket scalping, but innovations in fraud such as this will sure create a greater discount on scalped tickets.

Ticketmaster said Tuesday it had invalidated more than 1,000 tickets to concerts in Barbra Streisand's upcoming national tour after discovering they were bought with a stolen credit card then resold on the Internet.

In a posting on its Web site, the company warned fans they might have one of the canceled tickets if they did not buy directly from Ticketmaster or a venue box office. . . . .

By the way, I thought that she has had many times given her last public concert.


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