Dynamic pricing on concert tickets

I have been aware of things called “pricing engines” that determine the prices shown on web sites. They are most often used on travel sites (flights, hotels, etc.) where the prices will change fairly frequently as determined by some logarithm in the engine. Mostly these make sense, such as prices rising if demand rises, and sometimes these can be quite insidious, such as tracking your own specific searches to put the price up each time you search (encourages a sense of urgency to buy).
Now TicketMaster have used such dynamic pricing in the sale of tickers for the coming Oasis concerts. Now I’m not going to watch a pair of scruffy, neanderthals play unoriginal dirge (ok, my opinion, you may like them) for a couple of hours. But people have been going online, getting in a buying queue only to find the advertised £125 seats are £325 when they get to the pay screen. That seems very wrong.
Surely there are laws against this? Isn’t this an internet form of bait & switch?

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I often wonder about the sanity of some people, willing to be exploited, and ripped off in the most cynical way. I would’nt give these two Herberts the time of day! Even if you gave me a free ticket, I’d not bother using it. Talk about mass hysteria. this is a great example. :open_mouth:

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… and IMO, they are a pair of foul-mouthed talentless nerks.

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I could not have put that comment better myself LongDriver.

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We very seldom agree on anything Lincs, but your description of Oasis is somewhat of a masterpiece… :+1:
The last concert I went to was Status Quo just before Rick Parfitt’s untimely death in 2017…
All of the good bands who I would pay to see are either dead or dying…Or moved to Australia…

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You sound like my Dad and his comments about the Rolling Stones when I was a teenager :rofl:

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Oasis aren’t good enough to clean Mick Jagger’s shoes Margaret… :009:

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I was beginning to think I was the only one who thought this pair were over rated! I don’t know which one of them “sings” but it seems to me he just shouts! As for queuing online for hours on end and then be told the price had increased by £200 - no, no, no, also no and have I mentioned no!

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I agree with you all, I don’t really know their music so I was taking a look at some of their hits on YouTube in order to convince myself that they must be good, to have all this crazy popularity! I didn’t succeed in convincing myself, nothing… :009:

Yes @John, mass hysteria, couldn’t have said it better. :+1:

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Can we put Oasis aside, please? (I know, many will think that putting them aside is a terribly good idea.)
Apparently dynamic pricing on tickets has become common in the US - is this correct? Its only just starting here. It would be good to get an idea if it is working where it is common.
And to defend the band, I’ve read that they have tried to prevent the ticket-tout issue of people buying some tickets only to resell them at huge mark up. The rules on the Oasis tickets are that they can only be sold on via TicketMaster and then only for the face value. Maybe that positive action in some way balances the dynamic pricing approach…

I have no problem with the Stones and I’ve always liked them enthusiastically, but after a lifetime of performances, they really should accept its time to retire.

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I agree LongDriver. I went to a couple of their concerts in the 1960s but wouldn’t want to see them live today. They really should retire gracefully - or disgracefully :grinning:

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