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I really like this, why not dynamic purchasing if consumers are increasingly confronted by dynamic pricing? Are there reasons why this wouldn't work? I am cur

I really like this, why not dynamic purchasing if consumers are increasingly confronted by dynamic pricing? Are there reasons why this wouldn't work? I am curious what would the legal challenge be if dynamic pricing on the sell side is considered acceptable?

userbinator 9y ago
I am curious what would the legal challenge be if dynamic pricing on the sell side is considered acceptable? Indeed, this seems to me to be no different than a form of reselling.
heroprotagonist 9y ago
I wonder if there would be a case where the technology is patented. Then some startup is acquired and the same consortium ends up owning both the tech to dynamically price and the tech to dynamically purchase..
hiram112 9y ago
Morally it seems fair. But like most things in our system, I'm sure it will end up being rigged legally in the big guy's favor. Look at our system now. Big capital can move their tax headquarters to Ireland, its service center to India, its manufacturing to China. Hell, they can now even import low wage workers to the EU and US on visas if it will give them an advantage. But good luck to any consumer trying to buy products at the same prices sold in these same places (e.g. pharmaceuticals). Even digital goods like games, music, and movies are priced differently, but consumers can never take advantage of currency arbitrage as companies ban VPNs, track IPs, restrict payments by the address of credit cards, etc.
- visarga 9y ago
  Good argument - they 'geo-shift' to reduce their costs on the one hand, and make sure we can't decrease our costs on the other hand. Pretty unfair taking advantage of the system like that.
- praulv 9y ago
  I've always wondered why it's not possible to get insider info from purchasing depts on factory details so we're not simply paying for over inflated brands to line corporate pockets.
  - fjsolwmv 9y ago
    Alibaba.com / AliExpress.com
    - praulv 9y ago
      Except they're not the same products are they... often cheap imitations.
- bogomipz 9y ago
  >"Morally it seems fair. But like most things in our system, I'm sure it will end up being rigged legally in the big guy's favor" Indeed, corporations are now considered people in the US, which more or allows allows then legislate away any perceive threats to the rigged system.[1] [1] https://www.theatlantic.com/politics/archive/2015/06/raisins-hotels-corporate-personhood-supreme-court/396773/ https://www.theatlantic.com/politics/archive/2015/06/raisins...
bo1024 9y ago
The first thing retailers will probably try is simply modifying their terms of service. I'm not sure what argument they'll come up with there. An analogy I'm thinking of is, imagine the website has a box that asks you to input your age, then it shows you your price. If you put in a number over 40, the price will be higher. Now you can just put in a number under 40 and get a lower price, but their response would be to make it against their terms of service to "lie" about your age. Similarly, they will equate using "someone else's cookies" to lying and claim it is morally wrong and illegal and against their TOS. Even though what they're doing is discrimination.

userbinator 9y ago

I am curious what would the legal challenge be if dynamic pricing on the sell side is considered acceptable? Indeed, this seems to me to be no different than a form of reselling.

heroprotagonist 9y ago

I wonder if there would be a case where the technology is patented. Then some startup is acquired and the same consortium ends up owning both the tech to dynamically price and the tech to dynamically purchase..

hiram112 9y ago

Morally it seems fair. But like most things in our system, I'm sure it will end up being rigged legally in the big guy's favor. Look at our system now. Big capital can move their tax headquarters to Ireland, its service center to India, its manufacturing to China. Hell, they can now even import low wage workers to the EU and US on visas if it will give them an advantage. But good luck to any consumer trying to buy products at the same prices sold in these same places (e.g. pharmaceuticals). Even digital goods like games, music, and movies are priced differently, but consumers can never take advantage of currency arbitrage as companies ban VPNs, track IPs, restrict payments by the address of credit cards, etc.

visarga 9y ago
Good argument - they 'geo-shift' to reduce their costs on the one hand, and make sure we can't decrease our costs on the other hand. Pretty unfair taking advantage of the system like that.
praulv 9y ago
I've always wondered why it's not possible to get insider info from purchasing depts on factory details so we're not simply paying for over inflated brands to line corporate pockets.
- fjsolwmv 9y ago
  Alibaba.com / AliExpress.com
  - praulv 9y ago
    Except they're not the same products are they... often cheap imitations.
bogomipz 9y ago
>"Morally it seems fair. But like most things in our system, I'm sure it will end up being rigged legally in the big guy's favor" Indeed, corporations are now considered people in the US, which more or allows allows then legislate away any perceive threats to the rigged system.[1] [1] https://www.theatlantic.com/politics/archive/2015/06/raisins-hotels-corporate-personhood-supreme-court/396773/ https://www.theatlantic.com/politics/archive/2015/06/raisins...

bo1024 9y ago

The first thing retailers will probably try is simply modifying their terms of service. I'm not sure what argument they'll come up with there. An analogy I'm thinking of is, imagine the website has a box that asks you to input your age, then it shows you your price. If you put in a number over 40, the price will be higher. Now you can just put in a number under 40 and get a lower price, but their response would be to make it against their terms of service to "lie" about your age. Similarly, they will equate using "someone else's cookies" to lying and claim it is morally wrong and illegal and against their TOS. Even though what they're doing is discrimination.