| ▲ | ajmurmann a day ago | |
To be fair, if FIFA wanted to maximize profits, they should auction tickets off instead of allowing scalpers to eat the delta between sales price and real value. | ||
| ▲ | InitialLastName a day ago | parent | next [-] | |
To be fair, GP said that FIFA is corrupt, not that FIFA is either profit-maximizing nor out to light the goose that lays the golden egg on fire. I know it's hard to imagine in the US, what with our quarterly-profit-maximizing corruption, but it is possible to be corrupt and still have to balance long-term concerns like "keep the graft flowing". | ||
| ▲ | inigyou a day ago | parent | prev | next [-] | |
To be fair, most of the scalpers are FIFA. | ||
| ▲ | dspillett 15 hours ago | parent | prev [-] | |
The trick to getting away with being corrupt is to as corrupt as you can without your marks/customers/voters/whatever revolting¹. Switching ticket sales to an auction format would likely add enough friction that many people² wouldn't bother, bringing the price back down, or would make a very public noise about how unfair it feels. -------- [1] or authorities taking action, but that usually comes after the marks/customers/voters/whatever speaking up loud enough, unless by “taking action” you mean “taking a piece of the action” by way of being corruptible themselves. [2] from those who do, or might in future, play along with the current race-to-buy-at-fixed-teered-rates system. | ||