Quote:
Originally Posted by Cecil Terwilliger
Smart sellers on Stubhub will do the same. The equilibrium price will be reached on both sites, the difference is who keeps the money.
It’ll mean sellers will prefer to sell on CP. It will not affect how much buyers are willing to pay.
Now, it could potentially lower the price sellers are willing to accept because of their increased profit margin, but there is no incentive to price lower as long as the demand is there.
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Isn't that the point? Find a point where sellers are willing to accept and buyers are willing to pay? Where that point is will be variable, but the fees will get split somewhere in the middle. Regardless, it will stay out of the hands of Stubhub and Ticketmaster.