Ebay.ph and Multiply are just few of the most popular online websites that have seen UAAP’s presence. And they are not exempted from becoming an extension of the villainous activities of reselling tickets at a higher price. Nonetheless, we have become both victims and accessory of scalping.
I would not argue the legality of scalping and the extent of its legal implications because of one simple reason. Our law has not clearly defined scalping or illegal ticket resale and its provisions especially those concerning e-commerce. I would just like to be awed on how the technology has revolutionized “ticket resale” from auctions, direct sale, networking, ‘statusing’, etc. Online auctions, whether on ebay or multiply, has been present since the past years. The screenshot below is from Ebay.ph taken 26 hours before the game. Thirteen tickets on ebay alone; look at the prices!
For a La Salle-Ateneo game, especially on a championship game, tickets are like stock market, there is an opening value, peak value and closing value. The regular price of 50, 75, 200, etc are never followed. Economic’s Supply and Demand is really easy to understand in this kind of basketball game. Hopefully, UAAP board, the government, schools, Araneta, and Ticketnet would be able to solve this ticket fever.