I don’t have an answer to your question. That said, if every experience is sold to the highest bidders, only rich people can experience these events, isn’t it?
Maybe I am just old - what is so special about these events anyway? Everything is expensive, it is super crowded, everyone around you is sweaty, many drunk/high…
> only rich people can experience these events, isn’t it?
This is how it already is. There is a ton of stuff that only rich people can afford to experience. Luxuries cost money. Seeing the Rolling Stones live in concert is a luxury.
> what is so special about these events anyway?
I'm with you here. I'd take watching a big concert or sporting event from home over live in person any day. I honestly think the majority of people that attend these big events mainly do it so they can tell people they did. Same reason people go to Times Square on NYE.
If you accept this as true, how do you propose tickets are distributed, if not to the highest bidder?