the supreme court legalized price fixing today

[europeanplates]

This has a lot to due with the electronic industry, take for example Walmart, they basically killed the little guy with Tv sells last x-mas. This was major news and had a lot to do with this ruling. There will always be good deals! this is just to keep small business's alive.

Tyler

[Midnight Sun]

everybody should stop voting for the 2 major parties and vote in a new party such as the libertarians. when that party is corrupted then repeat process.

Ron Paul, woot.

[Ryan Stewart]

Huh?

Price fixing would probably lead to better customer service as there would be no more price incentives between brands. It could also lead to companies raping the consumer on necessities because the customer will have no alternative.

If "supply and demand" will still flourish, what was the point of changing the policy anyway? Someone is trying to get over...

Its not the products they are collaborating on but the value chain. Its like making retailers actually charge the MSRP on a product. You know, where products come with a price.

The reason companies want this is then they have the right to form pacts with retailers to actually sell at an agreed price and only sell to people who join in that agreement. That keeps online wholesalers from selling shit at wholesale instead of retail.

The "hitch" is the law of supply and demand. People will only buy so much as such a price, you exceed that and its like being thirsty in the middle of the desert, you can feel pretty alone. Charmin goes into these agreements to fix the price of their TP and only sell it at collaborating businesses at $2 a roll. Then everyone says, "Fuck Charmin!' and goes and buys Angel Soft. There will always be someone who will be willing to sell it for a bit less just to get the volume sales and turn a profit at the big guys expense.

And that doesnt even include the fact that it is an absoloute BITCH to get someone to agree to a collusive contract. What retailer is doing to stick with a slow selling, overpriced product while the Wal-Mart down the street is pouring another brand out the doors.

Speaking of Wal-Mart. Do you know what would happened if a manufacturer went to Wal-Mart and tried to force them to fix a price? Wal-Mart would fucking END their business as they know it.

[Ryan Stewart]

supply and demand laws still stand. this isn't that big of deal.

I support this man's bid for the oval office.

[brandondan1]

If these are just gentlemen's agreements then i retract my statement, but what I don't see is why there needs to be anything "official" stating this is allowed if someone can just undercut the price. If that's the case, nothing at all will change.

[brandondan1]

I disagree. If somebody wants to sell their TP for more, somebody else will sell theirs for less and gain the business.

Huh?

Price fixing would probably lead to better customer service as there would be no more price incentives between brands. It could also lead to companies raping the consumer on necessities because the customer will have no alternative.

If "supply and demand" will still flourish, what was the point of changing the policy anyway? Someone is trying to get over...

[Jscotty]

I like price fixing. It makes things fair for the schmucks who can't afford stuff.

Price fixing isn't a good thing, and it won't be 'over-ruled' by supply & demand.

Price fixing can also equate to gouging on necessities. It would be like setting a price of $20 for a roll of toilette paper. Sure, everyone will claim, "fine, I don't need TP, I'll use leaves/newspaper!" but in the end, thats a lie.

I disagree. If somebody wants to sell their TP for more, somebody else will sell theirs for less and gain the business.

[UNHCLL]

please save all your effort and energy so you will have the needed strength to hang onto jordans ballsac you fucking traitor

Old fuck, you hated Ari long before anyone, so don't get your depends in a bunch because I called him out. Also, I don't see the point in throwing shit on someones for sale thread when they've all but disappeared from the 'internets' for 2 years. Maybe you're just mesmerized by the photos of ari's shit stained white ass?

FYI, 20k wasn't a reasonable asking price. I would have asked 32k.

[blunttech]

Dude, I know i helped you with your econ, but you're not right on this one homie.

Price fixing isn't a good thing, and it won't be 'over-ruled' by supply & demand.

Price fixing can also equate to gouging on necessities. It would be like setting a price of $20 for a roll of toilette paper. Sure, everyone will claim, "fine, I don't need TP, I'll use leaves/newspaper!" but in the end, thats a lie.

The BS about Brick & Mortar vs. Internet is complete shit. Run a reputable business and you'll make money, no matter what people on the interweb are selling the shit for. Heck, want to see the prime example of internet shopping? How many threads are on R3V asking "Where is the cheapest..." or "Oh I found that same piece for $.08 less here...." If people are going to price shop like that, good fucking luck to them.

Then people wonder why customer service/loyalty has gone into the dumpster.

:roll:

please save all your effort and energy so you will have the needed strength to hang onto jordans ballsac you fucking traitor

[UNHCLL]

supply and demand laws still stand. this isn't that big of deal.

Dude, I know i helped you with your econ, but you're not right on this one homie.

Price fixing isn't a good thing, and it won't be 'over-ruled' by supply & demand.

Price fixing can also equate to gouging on necessities. It would be like setting a price of $20 for a roll of toilette paper. Sure, everyone will claim, "fine, I don't need TP, I'll use leaves/newspaper!" but in the end, thats a lie.

The BS about Brick & Mortar vs. Internet is complete shit. Run a reputable business and you'll make money, no matter what people on the interweb are selling the shit for. Heck, want to see the prime example of internet shopping? How many threads are on R3V asking "Where is the cheapest..." or "Oh I found that same piece for $.08 less here...." If people are going to price shop like that, good fucking luck to them.

Then people wonder why customer service/loyalty has gone into the dumpster.

:roll:

it's awesome when trent gets to the thread first.... because I usually don't have to add anything besides maybe a slightly more tactful way of presenting an idea ... +1

yea man :cheers:

[rwh11385]

sometimes you gotta wonder how much crack those idiots are one

one??? 1? 11? one??!!1

oh wait, you probably meant on.

well, i wonder the same thing about the posters here who are clueless on politics, the world, or economics and feel like they are in the position to post their version of the "facts"

[uofom3]

supply and demand laws still stand. this isn't that big of deal.

it's awesome when trent gets to the thread first.... because I usually don't have to add anything besides maybe a slightly more tactful way of presenting an idea ... +1

[TwoJ's]

supply and demand laws still stand. this isn't that big of deal.

Yep. We're still in a free market economy. Businesses do what they feel is necessary to make more money. If people are willign to pay it, then they will charge it. If you don't like the fixed price of something, then don't buy it.

In the end, demand will determine the price of goods.