Minnesota Repeals 1913 Ticket Scalping Ban
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Houses often sell for more than the list price, coins often sell for more than face value, cars sometimes sell for more than the sticker price, and thousands of bonds sell daily for more than face value. Why should tickets to the Superbowl or a Prince concert be any different?
Well, they're not different any more in Minnesota, where the 94-year-old Minnesota law that made reselling tickets for more than face value a misdemeanor was erased from the books at 12:01 a.m. today, see the story "Scalp All You Want" here in the Twin Cities StarTribune.
Minnesota is now the 42nd state to decriminalize scalping. There are only 8 left.
2 Comments:
Russ Roberts, a professor at George Mason University and the host of EconTalk (a weekly podcast on economics) recently posted a podcast titled "Ticket Prices and Scalping".
Visit http://www.econtalk.org for that podcast and many other interesting topics.
Who are the eight states left?
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