this post was submitted on 08 Jul 2024
713 points (98.8% liked)

Technology

60047 readers
2972 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 2 years ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
713
Scalpers Work With Hackers to Liberate Ticketmaster's ‘Non-Transferable’ Tickets (www.404media.co)
submitted 5 months ago by [email protected] to c/[email protected]
54 comments fedilink hide all child comments
 

A lawsuit filed in California by concert giant AXS has revealed a legal and technological battle between ticket scalpers and platforms like Ticketmaster and AXS, in which scalpers have figured out how to extract “untransferable” tickets from their accounts by generating entry barcodes on parallel infrastructure that the scalpers control and which can then be sold and transferred to customers.

By reverse-engineering how Ticketmaster and AXS actually make their electronic tickets, scalpers have essentially figured out how to regenerate specific, genuine tickets that they have legally purchased from scratch onto infrastructure that they control. In doing so, they are removing the anti-scalping restrictions put on the tickets by Ticketmaster and AXS.

So Ticketmaster and AXS are suing to maintain their monopoly on scalping?

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 26 points 5 months ago (1 children)

I'd rather deal with scalpers than this monopolistic bullshit

[–] [email protected] 0 points 5 months ago (1 children)

You'd rather have 2 middle men for your ticket purchase?

[–] [email protected] 19 points 5 months ago (1 children)

I'd rather be able to sell my ticket if I can't go for at least face value. Ticketmaster sometime won't let you sell the ticket to another person, or only allows you to sell back to them at 1/10th the face value....just so they can resell it again. Didnt even mention all the convenience fees for all those trades too.

If I had a paper ticket, I could just sell it no problem

[–] [email protected] 0 points 5 months ago (2 children)

Going through a scalper means that the ticket supply is artificially decreased, which pumps up the price. Then you run the risk of your ticket not working when you turn up to the venue.

[–] [email protected] 6 points 5 months ago

Not too different from ticketmaster at that point lol

[–] [email protected] 1 points 5 months ago* (last edited 5 months ago)

Scalping increases the liquidity of tickets. This establishes a "market price" that can be higher or lower than the face value.