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Price Fixing. Does anyone believe that retailers are competing with each other?
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[quote:T. Twister:MV80OTQ0MDQ0X0I5MDE2NTEz] I spend a lot of time shopping on line. I try very hard to find the best prices on everything I buy. I go to pretty much every retail outlet that sells the product I'm looking for. As an example, I was looking for a hooded flannel shirt for a child. I checked everyplace and pretty much the lowest price is $17. Some slightly more, but none less. That's the thing, if pricing was actually competitive there would be a range of prices, but there never is. Every store, and I'm talking maybe 10 or more stores, is charging almost the exact same amount give or take a few cents. There are two explanations, either the stores are colluding to fix the prices, or there is only ONE store. I'm thinking it's the latter. I think there is ONE COMPLANY STORE OWNED AND OPERATED BY A BRANCH OF THE US GOVERNMENT. The store sets the prices and that's what you pay, take it or leave it. Socialism...not capitalism. [/quote]
Original Message
I spend a lot of time shopping on line. I try very hard to find the best prices on everything I buy. I go to pretty much every retail outlet that sells the product I'm looking for.
As an example, I was looking for a hooded flannel shirt for a child. I checked everyplace and pretty much the lowest price is $17.
Some slightly more, but none less.
That's the thing, if pricing was actually competitive there would be a range of prices, but there never is.
Every store, and I'm talking maybe 10 or more stores, is charging almost the exact same amount give or take a few cents.
There are two explanations, either the stores are colluding to fix the prices, or there is only ONE store.
I'm thinking it's the latter. I think there is ONE COMPLANY STORE OWNED AND OPERATED BY A BRANCH OF THE US GOVERNMENT.
The store sets the prices and that's what you pay, take it or leave it.
Socialism...not capitalism.
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