4 ms·
I, apparently unlike many others here, think this case has standing. Yes, Griddy provides transparency into its pricing, but is it even reasonable to sell somet
by proggy 6y ago
I, apparently unlike many others here, think this case has standing. Yes, Griddy provides transparency into its pricing, but is it even reasonable to sell something so volatile to everyday people? Something that requires constant vigilance, lest you end up with a $10k crater in your checking account, is a pretty sketchy business no? This isn’t equities trading, this is a basic need that’s being sold here. Something typically boring and constant, made incredibly spiky.
I am reminded of the predatory lenders that marketed sub-prime mortgages to the masses in the ‘00s. Yes, you can be moderately cognizant of the risks and naively sign up thinking you’re getting a good deal —- but is it ethical on the seller’s part to peddle something that has the potential to bankrupt swaths of everyday people if they’re is a once in-an-every 10-20 year event?
- xupybd 6y agoI think it's reasonable to some but not to mom and pop types. Sure a big business could absorb that but not a family.
- psychoTek 6y agoIt's quite reasonable. The terms of service have been spelt out in quite clear terms. She knew quite well what she was buying. She was quite happy when she was getting the benefits. Now that the shoe is on the other foot, she wants relief from the deal. The vendor provided both monitoring systems and notified it's customers. The company can't be responsible for stupid. This is what raw/laissez-faire capitalism is all about.