Scalping is that the practice of reselling tickets at higher rates when their is an artificial creation of market shortage. The scalpers purchase ticket at fair market prices before the event happen and resell at higher prices when they exploit the market shortage they created.
What does scalping mean in tickets?
Scalping in its modern iteration, also referred to as bulk or automated buying, may be a threat to eCommerce and ticketing websites selling sought-after products and services. Scalpers are bad actors who purchase tickets or product units using scalable methods that aren't available to ordinary users.
Why are scalp tickets illegal?
Over the past 20 years , ticket scalping has become increasingly common thanks to the existence of the internet. As such, the bulk of ticket scalping incidents are now primarily committed through an online sales transaction. Currently, there are not any federal laws that prohibit the scalping or resale of tickets.
Learn more about ticket scalping:
brainly.com/question/13684308
#SPJ4
