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Legal Opinion

United States v. John R. Mount

Court of Appeals for the Seventh Circuit

Decided June 25, 1992No. 92-1087PublishedCited by 65 opinions

1Opinion of the Court

EASTEEBEOOK, Circuit Judge.

Ticket scalpers, like arbitrageurs in stock markets and dealers in gems, move assets in scarce supply toward those willing to pay the most for them. If promoters of an opera or rock concert underestimate the demand for the tickets and set prices too low, the initial buyers make a profit, while scalpers receive compensation for the service of moving the tickets from those who first acquire them to those who value them more highly. Promoters lose nothing, from scalping in such cases, and everyone else may gain. See Stephen K. Happel & Marianne M. Jennings, Assessing…

2Cases cited6 opinions

  1. Williams v. United StatesSupreme Court of the United States · 1992
  2. United States v. Marlene Cox Schneider and Paul S. SchneiderCourt of Appeals for the Seventh Circuit · 1991
  3. United States v. Gerald John BerminghamCourt of Appeals for the Second Circuit · 1988
  4. United States v. Michael LennickCourt of Appeals for the Seventh Circuit · 1990
  5. United States v. Billy Joe Dillon, Jr. And Gregory Michael JacksonCourt of Appeals for the Seventh Circuit · 1990

1 more not listed; retrieve them via the Exa API.

3Cited by65 opinions

  1. United States v. James F. MooredCourt of Appeals for the Sixth Circuit · 1994
  2. United States v. Edward L. Morris and Steven M. GardnerCourt of Appeals for the Seventh Circuit · 1996
  3. United States v. Clarence TrotterCourt of Appeals for the Seventh Circuit · 2001
  4. United States v. Salvador A. VivitCourt of Appeals for the Seventh Circuit · 2000
  5. William C. Kelly, III v. United StatesCourt of Appeals for the Seventh Circuit · 1994

60 more not listed; retrieve them via the Exa API.

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