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Concert tickets often have high prices due to the significant demand exceeding supply, especially for popular artists like Blackpink and Harry Styles. When tickets sell out, many are resold on the secondary market, where prices can be much higher than their original value. The primary market is where tickets are initially sold at prices set by artists and their teams, with revenue going to them and ticket platforms through fees. In contrast, the secondary market allows individuals to resell tickets, leading to price inflation. This discrepancy between primary and secondary markets contributes to the perception of expensive concert tickets.
