My favorite fail scalper was a woman who wanted to go to a Best Buy to buy some new Iphone and she paid the man in front $500 to cut and was defeated to find out that Apple required anyone who bought the phone to only sell one per customer.
Credit card companies do an initial chargeback when you file a dispute. Once the merchant submits the refund terms and conditions, he'll prob lose the dispute and be rebilled the $650. After you lose a dispute, some card companies will waive the charge to keep you happy, but $650 is a lot.
soon there going to force taxes on private party sales. people taking reselling out of hand. when things like this are on the news soon uncle sam will have his hand out. i love how this guy got fucked by his own doing.
I really honestly have no problem with 99% of retro game resellers. Most of them that have been in business for more than a few months know how to charge and give a reasonable price. Even if They are just going around to rummage sales and thrift shops and getting their stock from clueless people, they are providing a valuable service because they give these old games value. These old games could very easily just go in the trash if they were seen as valueless. Plus for someone like me who doesn't have a ton of free time to go rummaging or to flea markets regularly I enjoy being able to buy from the few reputable resellers and retail stores in my area. It's convenient, and the people there are nice, and I know they test and clean the products they sell.
ZachAttack84 I disagree. They are providing the service of find these things and putting them in a convenient place. You are paying for the luxury of not getting up early on the weekends, and going for hours to yard sales. Which I might add sometimes you find nothing for weeks and then have a jackpot weekend to make up for it. And also sometimes the item doesn't work and the person finds out when they start going through everything. So that is wasted money. Also they may clean the item up and so that is time spent which money should be earned from that.
ZachAttack84 I am a reseller for a living. And I know how much time that it takes to clean up toys and take pictures and list them online. In a store it's less time but it definitely takes 30 minutes to an hour to take a console apart and clean it with q tips and rubbing alcohol. And then if the joysticks are loose and things like that it needs to be soldered and repaired. If the batteries in the battery compartment are leaking and that needs to be fixed. I have spent a lot of time cleaning vintage toys and sorting board games. I love doing it, but I deserve money for the time I spend. If someone is willing to spend the extra money for a clean tested console and a few controllers and games I do not see anything wrong with someone getting a profit for their time and risk they took buying it in the first place. And at yard sales it's rarer and rarer to find vintage video games. Spending weeks spending 5 hours or so of your Saturday mornings coming up with nothing and then one week finding a little something is pointless.
ZachAttack84 I am not bothered by people that go to yard sales themselves. Their is plenty to go around. I just think that if you put in the time and money you deserve the profit. And I have never sold an NES in my life. I mostly sell vintage toys like vintage board games, stuffed animals, and the more simple toys that do not require batteries. Even though I have sold a Tickle me Elmo before. If someone would rather spend 50 dollars or so more going to a store and spending 30 minutes to an hour browsing then looking every weekend for one to get one cheaper then they are getting their money's worth. And again, a reseller had to get that console someplace. It's obvious they bought it from someone that walked into the store, or they bought it at a yard sale or a thrift store.
ZachAttack84 going to yard sales/thrift stores isnt a casual thing anymore, if you expect to get anything good you have to make connections, get up early every single weekend, spend a lot of money on gas, and any games you end up finding are going to be totally random. So if a store is providing a certain game that you are looking for, then that is a service.
ZachAttack84 Time is money my friend most people do not have the leisure to get up and go garage saleing. Remember its not resellers determining the pricing of retro games. Its the idiots who want to bid up the items online which determine the price. I am sure you've never sold a double or anything
+DiggityDave83 Damn you I was about to say the same damn thing , but figured I would check to see if someone else said it already, But OMG it is so true this guy looks like he is Ians father.
I propose a companion series to Ask Frank called Ask Ian and have it consist entirely of Ian screaming at the camera telling various morons to get fucked. That was goddamn glorious!
in one recent episode of the CUPodcast I heard pat say something like he doesn't want full streams etc to be available to people to just "exploit" them or take stuff out of context? it's a shaky argument, IMO. It would save his ass a ton of editing work if he'd just put the whole thing up. Maybe they made it availavle for Patreon people or something I don't know. I was always irked that I couldn't find the full stream NES marathons to watch. I think pat sells them?
A guy on r/amiibo bought 30 (that's right, 30) donkey Kong jr Amiibos because he thought they were rare. He lost the receipt. I applaud these kinds of moments.
Ian´s amazing rant gets me everytime I watch this video (which is at least twice a month). Can someone post a link to the video where Ian "gets in to with someone" on the comment section? Thanks ;)
you know, if he bought out all the seats, and sold none of them, I would have considered buying a ticket to have essentially a private viewing of the film.
What this comes down to is unless there's a problem with the product or service provided, a business has no legal obligation what so ever to refund anything they sell to you.
Hey, I feel this is a good place to put this question, and bit of news, the 3DS remake of Majora's Mask has an NA special edition, just announced today! And what's more, both Amazon AND Gamestop are SOLD OUT! How much you want to bet that it was 99% or more purchased solely by scalpers? All I know is that my chance to get it for my birthday was blown to bits before my car even got out of the shop.
One of my scummy Steam friends and his real life friend went around his entire county buying up all the XBones in 2013 hoping to scalp them. Managed to max out 10 credit cards between them. He was at first bragging, then as time went on he was really worried. 50 tickets at a grand total of $500 is nothing.
I loved Ian in this video. Also, arguing that he's scalping at Luna is beyond stupid. I gotta imagine the vast majority of games are well under their original $40-$60 cost when they were new without even factoring in inflation for the products being 20-30 years old (i.e. that copy of Contra new in '87 would be $100-ish today.)
What people are not mentioning here is the guy put a charge back on his card. That is stealing. My best friend used to run an internet service provider and that happened to him before. Even after a service call at least once and a month of using the service this guy did a charge back. Also another person did a stop payment on a check after buying computer equipment and that made it so my best friend wrote a check that bounced and that person pressed charges. And the original person basically got the computer equipment for free. It took a few bad experiences to develop a cash only policy. It's not the movie theater's fault this guy didn't think this through. He should of not took the risk simply because of two reasons. If the plan didn't work he couldn't get a refund. Also how was he planning on selling these? The people that wanted to watch the movie would go to the movie theater. They would find out it's sold out and then what? How would they find out they are available to sell through him? It was just not very thought out and for a plan that was 650 dollars it's like the old saying men that are less wise part with their money faster or something like that. The customers would refuse to buy the tickets out of principal and go another night.
Pat:-"Do you wanna look in the mirror and see yourself as this person?" Hell no! Imagine to see that face everytime you look in the mirror... enough they are showing his picture.
If scalping works, then it means the item was underpriced by the original seller. Movie theatres should be charging more for limited releases. The big reason they would underprice is to develop a good rapport with the community. When someone like this comes along they prevent businesses from being able to perform such acts of customer appreciation. The only way to avoid it is to sell the tickets at the time of the event only.
Buying shit up and artificially raising the price is how a lot of people make money, it's how auctions work usually lol. Obviously doing what he did was bullshit but in a lot of cases, buying stuff up and raising the price is completely legal and how a lot of businesses work.
It's not the selling process that's the problem, the problem is the way that people take the item out of the market in order to create an artificial scarcity. With out-of-production items, antiques, property and so on you're usually simply putting the item on the market and that's it. Often in a form that was orders of magnitude more convenient then the way the auction/store collected the items. Also at auctions and so on usually the margin is pretty small and the price is pretty fair. With things like concert tickets and Amiibos you have to take the item off the market in order to put it back on the market. As a consumer it's easier for me to go down to Target or wherever to grab an Amiibo. If some dickhead goes and clears the shelf of everything but Mario and Pikachu at 8AM? Now I can't get the one I wanted through the easiest channel available to me. What is fair about me having to pay some dude 4x the price he paid for an item that he has made less easy to obtain?
It's only "legal" because it's impossible to police it. Plus you don't want to criminalise the reselling of things, there are legitimate reasons why someone might want to resell it. Maybe you suddenly can't make it to the event, maybe it was an unwanted present and so on. And when it's at the face value then no-harm done. I'm pretty sure that in a lot of places selling scalped tickets out the front of the venue isn't on. You can be had for that. The big problem though is that now with eBay and similar sites there's no controlling it. It's still the exact same thing though. The best anyone can do is not allow bulk purchases but even that won't stop all of it....
Also.. As my mother owned a small 2 screen theater from '92 until '02. We would have to pay as much as 70% of ticket sales to the film company (for a movie on the break). Movie theaters make their money via concession sales.. Anther huge reason movie theaters wouldn't allow scalpers...
The stupid thing about this is that because the movie never had a theatrical release the movie tickets for the interview are rare now so he could make money off the tickets themselves.
Just 2 cents. Yes we have the free market, but we also have monopoly laws. Cutting off the entire supply of a product or service to where it can only be purchased from one company/individual is highly illegal. It's extremely important to have these laws for capitalism to work. If they weren't there some rich douche or a big company could literally buy the entire supply of a product and charge whatever they want. The only reason these scalpers get away with what they do is because it's often a small time, limited event deal. Basically the cops can't get to them in time. On eBay it's more of a gray area, but they really need to put laws in place there as well. The only problem is the MSRP. Product producers use a MSRP instead of a set price due to fluctuations in the market and regional differences (like things have to be priced higher in Hawaii and Alaska due to shipping).
![BLACK BAG - Official Trailer [HD] - Only in Theaters March 14](http://i.ytimg.com/vi/Du0Xp8WX_7I/mqdefault.jpg)
The Scalper looks like he could be Ians evil twin
LOL
My favorite fail scalper was a woman who wanted to go to a Best Buy to buy some new Iphone and she paid the man in front $500 to cut and was defeated to find out that Apple required anyone who bought the phone to only sell one per customer.
It was 800 & I think it was at&t
Ian's commentary in this video is sooooooo good! Laughing like a total goose right now.
Ian's rant at the end was one of the funniest moments in the history of this podcast. That was awesome!
I thought that guy fell into lava when he helped Frodo return the ring of power to Mordor.
:D
Nice
Spoilers
he better enjoy his 50 fucking seats at the theatre.
when did Ian turn into a Sithlord?
When Santa didn't give him his requested item on Christmas..............😏
A year ago I think. maybe more than that...
Hasn't he always been a sith? ;)
*****
That was a few months ago when he ate something that didn't agree with him
I was thinking Obi Wan. Ian Wan.
Credit card companies do an initial chargeback when you file a dispute. Once the merchant submits the refund terms and conditions, he'll prob lose the dispute and be rebilled the $650. After you lose a dispute, some card companies will waive the charge to keep you happy, but $650 is a lot.
They will recharge him, they would rather loose a customer that money
It is capitalism, so he got fucked by capitalism. Also, theaters make money out of food, 90% of ticket revenues goes to the studio.
Yeah but when you get a movie ticket what do you buy with it food. No ticket no food. Simple as that
soon there going to force taxes on private party sales. people taking reselling out of hand. when things like this are on the news soon uncle sam will have his hand out.
i love how this guy got fucked by his own doing.
Most of the ticket sales the first weekend usually go to the studio, but then it switches as the weeks go on to favor the movie theater.
Pat the NES Punk And that is why second run can charge 2 bucks for a movie and still be on business :)
+ThisIsDjYigytugd Which is artificially inflated because everything you sale can be bought at the store for much cheaper. It's Capitalism.
Loved Ian's rant. So good. I rewatched it over and over! Thanks for sharing this one, guys!
I come back for this every December 😂
Ian was hilariously on point this cupodcast
That was a damned good Ian rant.
One of the best Ian rants of all time. He's got a solid point.
Ian's the man!! hahahaha your guys are awesome and hilarious, keep it up and greetings from Portugal :)
Woah. That was intense Ian haha. I understand your point though and it has to be frustrating being constantly bombarded by idiots and trolls.
My weekly viewing of "The Cincinnati Scalper" segment hahaha
gotta love Ian stays in the retro game business but always stay true!
I hope Pat makes a compilation video of Ian's best insults and vulgar moments in the podcast.
When I think of scalper, I literally see that guy in my mind.
That Jarrito Ian is drinking though, lol.
Or you can usually find them tucked away in the ethnic foods or Latin foods aisle of your local supermarket. 😄
ha! a "though bro" I thought u fuckers died off like two years ago hahaha... I guess ur last of the "though-hekans" xD
daleva187goligo
Call me old school then. I thought people were also done putting "187" in their username?
superdupersubby
They're all over the place here in Texas, even sometimes in big name stores. Some places sell Barrilitos, too.
im not a big soda drinker but damn i love mexican soda. they don't use that high fructose corn syrup crap.
I really honestly have no problem with 99% of retro game resellers. Most of them that have been in business for more than a few months know how to charge and give a reasonable price.
Even if They are just going around to rummage sales and thrift shops and getting their stock from clueless people, they are providing a valuable service because they give these old games value. These old games could very easily just go in the trash if they were seen as valueless.
Plus for someone like me who doesn't have a ton of free time to go rummaging or to flea markets regularly I enjoy being able to buy from the few reputable resellers and retail stores in my area. It's convenient, and the people there are nice, and I know they test and clean the products they sell.
ZachAttack84
I disagree. They are providing the service of find these things and putting them in a convenient place. You are paying for the luxury of not getting up early on the weekends, and going for hours to yard sales. Which I might add sometimes you find nothing for weeks and then have a jackpot weekend to make up for it.
And also sometimes the item doesn't work and the person finds out when they start going through everything. So that is wasted money. Also they may clean the item up and so that is time spent which money should be earned from that.
ZachAttack84 I am a reseller for a living. And I know how much time that it takes to clean up toys and take pictures and list them online. In a store it's less time but it definitely takes 30 minutes to an hour to take a console apart and clean it with q tips and rubbing alcohol. And then if the joysticks are loose and things like that it needs to be soldered and repaired. If the batteries in the battery compartment are leaking and that needs to be fixed. I have spent a lot of time cleaning vintage toys and sorting board games. I love doing it, but I deserve money for the time I spend.
If someone is willing to spend the extra money for a clean tested console and a few controllers and games I do not see anything wrong with someone getting a profit for their time and risk they took buying it in the first place.
And at yard sales it's rarer and rarer to find vintage video games. Spending weeks spending 5 hours or so of your Saturday mornings coming up with nothing and then one week finding a little something is pointless.
ZachAttack84 I am not bothered by people that go to yard sales themselves. Their is plenty to go around. I just think that if you put in the time and money you deserve the profit. And I have never sold an NES in my life. I mostly sell vintage toys like vintage board games, stuffed animals, and the more simple toys that do not require batteries. Even though I have sold a Tickle me Elmo before.
If someone would rather spend 50 dollars or so more going to a store and spending 30 minutes to an hour browsing then looking every weekend for one to get one cheaper then they are getting their money's worth. And again, a reseller had to get that console someplace. It's obvious they bought it from someone that walked into the store, or they bought it at a yard sale or a thrift store.
ZachAttack84 going to yard sales/thrift stores isnt a casual thing anymore, if you expect to get anything good you have to make connections, get up early every single weekend, spend a lot of money on gas, and any games you end up finding are going to be totally random. So if a store is providing a certain game that you are looking for, then that is a service.
ZachAttack84 Time is money my friend most people do not have the leisure to get up and go garage saleing. Remember its not resellers determining the pricing of retro games. Its the idiots who want to bid up the items online which determine the price. I am sure you've never sold a double or anything
always love Ian's rants
Karma at its finest.
The scalper looks like the future version of Ian~ :P
+DiggityDave83 Damn you I was about to say the same damn thing , but figured I would check to see if someone else said it already, But OMG it is so true this guy looks like he is Ians father.
lol 😂 so true
LOL thats rude but damm funny
Zeina107
It's not rude.. just an observation~ :P
I propose a companion series to Ask Frank called Ask Ian and have it consist entirely of Ian screaming at the camera telling various morons to get fucked. That was goddamn glorious!
Scalping: You're doing wrong. Let a real scalper show you the ropes.
LOL
and you can find this in the discount DVD bin at Walmart.
I love when Ian gets going xD
3:42
ian's daily life in a nutshell
I am so glad you guys are back.
I'm glad you are back!
"get fucked, get fucked" best quote in history
hey Ian isn't having a beer in this CUP instead hes having a jarrito haha
I love the rage at the end!
I love it when ian gets pissed
Thanks Pat. Dont give up, dont ever give up!!!!!!!
I really don't understand why you guys just don't put the podcast up on youtube and turn adsense on where it's easier to listen to and watch.
Bingo. I'd watch it all the time if it was fully on YT. I have no desire to try to balance more than one video site.
in one recent episode of the CUPodcast I heard pat say something like he doesn't want full streams etc to be available to people to just "exploit" them or take stuff out of context? it's a shaky argument, IMO. It would save his ass a ton of editing work if he'd just put the whole thing up. Maybe they made it availavle for Patreon people or something I don't know.
I was always irked that I couldn't find the full stream NES marathons to watch. I think pat sells them?
A guy on r/amiibo bought 30 (that's right, 30) donkey Kong jr Amiibos because he thought they were rare. He lost the receipt. I applaud these kinds of moments.
Ian´s amazing rant gets me everytime I watch this video (which is at least twice a month). Can someone post a link to the video where Ian "gets in to with someone" on the comment section? Thanks ;)
Sorry Ian, but saying that someone has fat in their eyes made me loose it!!! LOL!!!! I'm gonna use that one!! HOLY SHIT!!!
oh god one of Ian's finest rants. so true. i was fucking dying
"What's his name again?"
"Merry Xmas"
ians angry rant is still gold
he looks like ian father
Or his nerdy older brother
hey guys! i found waldo! XD
Oh god i love Ian's rant, it was freaking funny,
i would describe these guys like this: hate people who flip games for money, while working as a salesmen in a gamestore
BEST PODCAST CONVO BY IAN!
Way to rant, Ian! "Do you have too much fucking fat in your eyes?" Epic, dude.
Theaters selling one bottled water for 7 bucks. Now thats bullshit.
+Jusdippin78 just don't buy it. if you cant sit through a movie without having a drink, theres something wrong.
+Jusdippin78 You got pockets, coats are allowed into the theater, stock up at your local general store before going.
+DravenWolfe oh i do do that. Im jus sayin its bs how they have nerve to sell a singled bottle water for 6.50 or 7 dollars.
Jusdippin78 ah gotcha, and I absolutely agree, it is bullshit. I wonder how much money they actually lose out by it.
A agree but theaters have to pay to show movies yo they raise prices on products, i sneak shit in anyways
LMAO!!! Awesomeness! I agree 100% ....Good times.
Pat and Ian made justice, nice.
you know, if he bought out all the seats, and sold none of them, I would have considered buying a ticket to have essentially a private viewing of the film.
I couldn't pay attention to this video because I kept staring at that bottle of Jarritos.
its a bootleg copy of Ian
What this comes down to is unless there's a problem with the product or service provided, a business has no legal obligation what so ever to refund anything they sell to you.
" GET F$CKED !!! " hahaha....lol. I hear you guys. Agreed !
Hey, I feel this is a good place to put this question, and bit of news, the 3DS remake of Majora's Mask has an NA special edition, just announced today! And what's more, both Amazon AND Gamestop are SOLD OUT! How much you want to bet that it was 99% or more purchased solely by scalpers? All I know is that my chance to get it for my birthday was blown to bits before my car even got out of the shop.
Really sweet to see Ian drink Jarritos :)
Priceless Ian rant.
Hahah! Ian, you goddamn hero!
One of my scummy Steam friends and his real life friend went around his entire county buying up all the XBones in 2013 hoping to scalp them. Managed to max out 10 credit cards between them. He was at first bragging, then as time went on he was really worried. 50 tickets at a grand total of $500 is nothing.
I love pineapple Juarritos
ian rocking the jarritos. nice.
ian finally blew up! i love it.
one of your funniest videos ever :D
Ian looks like the guy in the pic. Lol
Pat's rant describes EXACTLY what DeBeers does with diamonds. Glad the scalper screwed himself over on this one.
Holy shit, I LOVE when Ian gets passionate about people's stupidity. Preach. :-)
I loved Ian in this video. Also, arguing that he's scalping at Luna is beyond stupid. I gotta imagine the vast majority of games are well under their original $40-$60 cost when they were new without even factoring in inflation for the products being 20-30 years old (i.e. that copy of Contra new in '87 would be $100-ish today.)
HAHA I love it when they try to rip peopple off and it back fires they start crying.
That rant was fucking awesome.
Love the podcast guys! Jason Best is sooo handsome! What a dreamer!!!!
haha awesome
a scalper gets screwed over on christmas day, miracles do happen
LOL. Loved watching Ian rage. Moar plz
What people are not mentioning here is the guy put a charge back on his card. That is stealing. My best friend used to run an internet service provider and that happened to him before. Even after a service call at least once and a month of using the service this guy did a charge back. Also another person did a stop payment on a check after buying computer equipment and that made it so my best friend wrote a check that bounced and that person pressed charges. And the original person basically got the computer equipment for free. It took a few bad experiences to develop a cash only policy.
It's not the movie theater's fault this guy didn't think this through. He should of not took the risk simply because of two reasons. If the plan didn't work he couldn't get a refund. Also how was he planning on selling these? The people that wanted to watch the movie would go to the movie theater. They would find out it's sold out and then what? How would they find out they are available to sell through him? It was just not very thought out and for a plan that was 650 dollars it's like the old saying men that are less wise part with their money faster or something like that. The customers would refuse to buy the tickets out of principal and go another night.
scalper looks exactly like a scalper should look...
Scalping would never work for movie theaters, since most people would just go see the film at a different time or a different theater entirely.
"Its capitalism!!"
Its a Seth Rogen movie. You're not missing much I assure you!!
Love you guys soooo much
Ian is my new hero.
Gotta love Ian.
Pat:-"Do you wanna look in the mirror and see yourself as this person?"
Hell no! Imagine to see that face everytime you look in the mirror... enough they are showing his picture.
A link to the video would be nice....
If scalping works, then it means the item was underpriced by the original seller. Movie theatres should be charging more for limited releases. The big reason they would underprice is to develop a good rapport with the community. When someone like this comes along they prevent businesses from being able to perform such acts of customer appreciation. The only way to avoid it is to sell the tickets at the time of the event only.
Im glad that guys plan backfired on him.
I think the reason why Ian is a little antsy here is because he KNOWS the scalper looks a lot like him.
Ian is Amazing
YOU TELL'EM STEVE-DAVE!
I live in the nasty nati! I wondered what happened to all the tickets
This guy could be Ian's long lost twin!
well said Ian
Buying shit up and artificially raising the price is how a lot of people make money, it's how auctions work usually lol. Obviously doing what he did was bullshit but in a lot of cases, buying stuff up and raising the price is completely legal and how a lot of businesses work.
You should listen to Ian and learn the difference between adding value to something or simply taking it off the market just to inflate its price.
Auction houses usually sell things on consignment, not by buying and re-selling.
It's not the selling process that's the problem, the problem is the way that people take the item out of the market in order to create an artificial scarcity. With out-of-production items, antiques, property and so on you're usually simply putting the item on the market and that's it. Often in a form that was orders of magnitude more convenient then the way the auction/store collected the items. Also at auctions and so on usually the margin is pretty small and the price is pretty fair.
With things like concert tickets and Amiibos you have to take the item off the market in order to put it back on the market. As a consumer it's easier for me to go down to Target or wherever to grab an Amiibo. If some dickhead goes and clears the shelf of everything but Mario and Pikachu at 8AM? Now I can't get the one I wanted through the easiest channel available to me. What is fair about me having to pay some dude 4x the price he paid for an item that he has made less easy to obtain?
It's only "legal" because it's impossible to police it. Plus you don't want to criminalise the reselling of things, there are legitimate reasons why someone might want to resell it. Maybe you suddenly can't make it to the event, maybe it was an unwanted present and so on. And when it's at the face value then no-harm done.
I'm pretty sure that in a lot of places selling scalped tickets out the front of the venue isn't on. You can be had for that. The big problem though is that now with eBay and similar sites there's no controlling it. It's still the exact same thing though. The best anyone can do is not allow bulk purchases but even that won't stop all of it....
"get fucked" -Ian 2015
Also.. As my mother owned a small 2 screen theater from '92 until '02. We would have to pay as much as 70% of ticket sales to the film company (for a movie on the break). Movie theaters make their money via concession sales.. Anther huge reason movie theaters wouldn't allow scalpers...
Does Ian have arms? or is he just resting his arms on the back of the chair? lol
Ian should rant more often.
+aishah abdelnoor awww bitch got triggered awww bitch bitch bitch
The stupid thing about this is that because the movie never had a theatrical release the movie tickets for the interview are rare now so he could make money off the tickets themselves.
Ian looks exactly like the scrub in the picture
Ian is going to play Hatred for a good reason.
Just 2 cents. Yes we have the free market, but we also have monopoly laws. Cutting off the entire supply of a product or service to where it can only be purchased from one company/individual is highly illegal. It's extremely important to have these laws for capitalism to work. If they weren't there some rich douche or a big company could literally buy the entire supply of a product and charge whatever they want.
The only reason these scalpers get away with what they do is because it's often a small time, limited event deal. Basically the cops can't get to them in time. On eBay it's more of a gray area, but they really need to put laws in place there as well.
The only problem is the MSRP. Product producers use a MSRP instead of a set price due to fluctuations in the market and regional differences (like things have to be priced higher in Hawaii and Alaska due to shipping).