The fact that a site like Stubhub has gained so much popularity and has continued to thrive is testament to the fact that its existence helps to equalize the economic forces and sustain the secondary ticket sales market. These facts alone do not justify the existence of sites like Stubhub, but they show a demand for a secondary market, at least in tickets sales for these types of sporting events.
In response to the article and its main points, I completely agree with author Isadore. I firmly believe that since the primary market for tickets is often unfairly or inadequately regulated by factors such as specific access and timing purchases, that a secondary market would lead to far better access and ticket valuation than currently exists within the primary market itself. The basic economic premises behind supply and demand have been altered, or unfairly modified by limiting ticket sales to a primary market. As evidenced by Isadore in his article, often the demand for tickets to specific, or even hypothetical games like a Cubs vs. Red Sox World Series event, far outweighs the supply, and where market equalization is concerned, websites like Stubhub help to serve the fans as well as the ticket holders looking to offload their tickets.
Working with the assumption that certain people deserve first access rights to tickets while others, often willing to pay multiples of the face value are left out of the access pool, it is easy to see how some fans could become angry that websites like Stubhub exist. Not too many people can pay $6,000 for a World Series ticket, let alone $75,000. But when the market demands are equalized, outside of the rules, regulations, and moral considerations of the primary market, which have existed as long as there have been tickets to sell upon an ever-growing wave of demand, the ticket prices...
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