US thing. It’s a loophole vendors will use to get below contracts with manufacturers so they can clear stock and not actually be publicly displaying the sale price. Keeps them from getting sued by the manufacturer and the consumer ends up with a better deal.
Except now the consumer has no reference for the price, which is illegal in most if not all EU member states. Not to forget that now the seller can hide the prices of products and make it impossible for a consumer to make an informed purchase. If any store, physical or otherwise, were to pull a stunt like this to me (EU as well), they’ll be talking to a regulator.
Not sure what you mean uninformed. They will see the price in the cart before checkout.
Also the price here is always cheaper for the customer. This is one thing we don’t need the EU to regulate to stop these kind of discounts. They can go after “convenience fees and surcharges” on other websites, like $40 fee for a $100 concert ticket.
Again, that would not sail in the EU. As a seller, you must list your price up front.
Plus, again, it makes comparison at a glance impossible. It’s a hassle to take multiple items with unlisted prices and compare their qualities for cost-effecticeness if you don’t see the price, and have to add items to cart before making any assessments.
Your comment reads like false exclusivity. Go after unlisted prices or convenience fees and surcharges? How about we go after both?
The prices are not shown outside of the cart because the companies are using loopholes to sell it at a lower price than they are allowed to as per their contract. It’s always lower and not higher. Going after this loophole means they will stop selling at a lower price. No need to make an assessment when the price will be lower at checkout. I have never seen any complain about getting additional discounts at checkout. This is one thing American consumers benefit from. 😂
It’s different when the prices are higher like for concert tickets as you will see a massive difference at checkout.
I have never seen any complain about getting additional discounts at checkout.
That is a very edge case scenario that, to be honest, I find improbable. What incentive does a seller have to charge less? Especially if they are not required to tell you what they’re charging? It’s in a seller’s interest to try to get as much money from their customers as possible, and if they hide the price until they inform the buyer at the moment of purchase, that gives them all the power to charge as much as they can get away with.
The incentive is to move old stock and offer additional discounts without advertising it as they will be selling it below it’s contracted price. This is the only scenario the sellers are not trying to screw the customer. They are protecting themselves from being sued.
Which happens how often exactly? And if the seller is not required to display the price, knowing that he has every reason to charge as high a price as he can get away with, what is a reason in the vast majority of transactions that he might be inclined to charge any less than that maximum?
Your entire argument is based on an edge case. And if regulations have to be created, I’m calling for the European model. No questions, no conditions, you are listing the price.
I’ve never seen it either. Might be a regional thing, as in better/worse consumer protection…? I’m from the EU.
US thing. It’s a loophole vendors will use to get below contracts with manufacturers so they can clear stock and not actually be publicly displaying the sale price. Keeps them from getting sued by the manufacturer and the consumer ends up with a better deal.
Except now the consumer has no reference for the price, which is illegal in most if not all EU member states. Not to forget that now the seller can hide the prices of products and make it impossible for a consumer to make an informed purchase. If any store, physical or otherwise, were to pull a stunt like this to me (EU as well), they’ll be talking to a regulator.
Not sure what you mean uninformed. They will see the price in the cart before checkout. Also the price here is always cheaper for the customer. This is one thing we don’t need the EU to regulate to stop these kind of discounts. They can go after “convenience fees and surcharges” on other websites, like $40 fee for a $100 concert ticket.
Again, that would not sail in the EU. As a seller, you must list your price up front.
Plus, again, it makes comparison at a glance impossible. It’s a hassle to take multiple items with unlisted prices and compare their qualities for cost-effecticeness if you don’t see the price, and have to add items to cart before making any assessments.
Your comment reads like false exclusivity. Go after unlisted prices or convenience fees and surcharges? How about we go after both?
The prices are not shown outside of the cart because the companies are using loopholes to sell it at a lower price than they are allowed to as per their contract. It’s always lower and not higher. Going after this loophole means they will stop selling at a lower price. No need to make an assessment when the price will be lower at checkout. I have never seen any complain about getting additional discounts at checkout. This is one thing American consumers benefit from. 😂
It’s different when the prices are higher like for concert tickets as you will see a massive difference at checkout.
That is a very edge case scenario that, to be honest, I find improbable. What incentive does a seller have to charge less? Especially if they are not required to tell you what they’re charging? It’s in a seller’s interest to try to get as much money from their customers as possible, and if they hide the price until they inform the buyer at the moment of purchase, that gives them all the power to charge as much as they can get away with.
The incentive is to move old stock and offer additional discounts without advertising it as they will be selling it below it’s contracted price. This is the only scenario the sellers are not trying to screw the customer. They are protecting themselves from being sued.
Which happens how often exactly? And if the seller is not required to display the price, knowing that he has every reason to charge as high a price as he can get away with, what is a reason in the vast majority of transactions that he might be inclined to charge any less than that maximum?
Your entire argument is based on an edge case. And if regulations have to be created, I’m calling for the European model. No questions, no conditions, you are listing the price.