Re:Stubhub buying their own tickets under fake names?
by MisterBastahrd on Wednesday July 12, 2023 @01:04PM
(#36697824)
You buy up all available inventory and raise the prices, same thing that real estate companies were doing during the pandemic. Every home in my neighborhood that went up for sale from 2020 to late 2022 was snatched up in less than a week by a corporation.
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Re:Stubhub buying their own tickets under fake names?
by javajosh on Wednesday July 12, 2023 @01:48PM
(#36698698)
That's awful, but also rather high-risk. Imagine if they did that and then manipulated the regulatory environment and/or the construction industry to limit new supply.... Now THAT would be evil.
Re:Stubhub buying their own tickets under fake names?
by MisterBastahrd on Thursday July 13, 2023 @01:07PM
(#36712528)
Sure, it's a footgun waiting to go off. Look at what happened to Zillow, which went from a real estate app to a homebuyer.