Internal emails reveal Ticketmaster helped scalpers jack up prices, FTC says

We bought $700 tickets to see a show we really wanted to see, but ended up being unable to make it.

We tried selling it on Ticketmaster, where you can in theory set your own price, or accept their "best offer". Our best offer was somewhere in the neighborhood of $150, and given that it was the night of the show, we accepted it.

We paid $54 per ticket in "processing fees" when purchasing, and paid $50 in more "processing fees" when selling. I'm sure the eventual buyers of our tickets probably had to pony up something like that as well.

If I had a magic button that made everyone above a certain level working there destitute and homeless, I'd probably break my finger pushing it.

Solution that might be anti user friendly. Tickets are bought and assigned to a persons name at time of purchase. They can only be refunded at cost and resold at cost to buyers. Release of tickets refunded shall be reposted for resell at a random time after attempting a refund.

This will however allow people to pay for bots that will purchase tickets on their behalf. But I believe a verification system can prevent that from happening if one would like. But the incentives aren’t there to do so.