November 25, 2009

The Vagaries of Scalping Laws

The Wall Street Journal reports on a bakery that experiences a large increase in demand for pies around Thanksgiving.

Although there is nothing she can do to prevent the occasional customer from scalping her treats in the parking lot — a $12 pie can go for more than $20 — she hopes her extra counter help will keep the line moving briskly.

Imagine how different laws might be if bakers sold their wares in large stadiums, and if entertainers performed on a first-come first-served basis in corner shops.

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