Congress Joins Battle Against Ticket Bots (csoonline.com)

itwbennett writes: A pair of companion bills now pending in the House and Senate would define the use of bots to buy tickets as an 'unfair and deceptive practice' under the Federal Trade Commission (FTC) Act. It would also become a federal crime, and create a right of action so that private parties can sue in federal court to recover damages. But if a similar law in Tennessee is any example, making the practice illegal doesn't make it any easier to find the people responsible for the bots. The Tennessean reported a year ago that, 'despite the apparent prevalence of the practice, no one has been prosecuted for this hard-to-prove crime in Davidson County.' This may be just another example of members of Congress not understanding the problem, but some experts say that making the bots illegal is at least a start. 'It helps to shine a light on a problem,' says Rami Essaid, cofounder and CEO of Distil Networks.

Comments

Reverse Auction

[Macdude]

All the ticket sellers have to do is use reverse auction style ticket pricing. Start with (very) high prices when the tickets initially go on sale then drop the price on a day-by-day basis as the event gets closer.

That way there is no practical way to buy low sell high.