Ticket Prices for Hannah Montana Concerts Hits the Stratosphere

Government officials are now starting to get involved with the issue of over-priced Hannah Montana concert tickets. It appears that parents are outraged over the cost of the concert tickets. According to news reports, ticket brokers quickly begun buying tickets to the concerts until there was none available except through them. This artificially induced lack of supply in the market soon brought the cost of these golden tickets to an astonishing average of $975.00 per ticket.

In some places the tickets have sold for as much as $2,500.00 and parents are starting to take action with the help of local government officials. It is believed that the actions that these ticket brokers have taken part in are illegal. These ticket brokers are simply acting as ticket scalpers, which is a crime in most states.

The local District Attorneys are closely looking into the complaints made by parents regarding the unscrupulous manner in which these brokers do business. I am pretty sure that Disney had no idea that this was going to happen, but it is not likely that they could do much about it, other than requiring people to purchase their tickets in person. However, it is not likely that this would have prevented this situation either.

As the parent of daughters that eat, breath, and sleep Hannah Montana, I can tell you that it is very difficult to deny them the opportunity to see their favorite singer, television star. Nevertheless, I think that I can draw the line in this situation, and that is when the cost of the tickets are equal to about a month’s salary.

It is likely that there will be many individuals and companies whom are going to be affected by the outcome of any of these investigations and law suits. I only hope that something good comes out of it and the ticket brokers find out that they simply cannot take advantage of people.

It is people like these ticket brokers which makes it necessary for government to come in and start regulating them, and because the public is affected, they are more than willing to bring the government into the loop. Instead of bringing in government control, I say do not buy the tickets. It would serve those scalpers right if they got stuck with a bunch of Hannah Montana tickets.

Source

Fox News
http://www.foxnews.com/story/0,2933,299397,00.html