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A grey or black market in otherwise legal products is the result of a too-low retail price. This all gets solved if Rolex raises their prices to whatever the cu
by Nifty3929 4y ago
A grey or black market in otherwise legal products is the result of a too-low retail price. This all gets solved if Rolex raises their prices to whatever the current, correct, market- clearing price is.
Same with concert tickets, for example. Scalping goes away with higher regular retail prices.
- j0hnyl 4y agoDoesn't this assume all the products are the same? Rolex continues to release new watches all the time and artificially limits the supply. So if they release a 2023 Explorer and 1.5x the MSRP, how does that kill the grey market for the Explorer from 2017?
- TedDoesntTalk 4y agoI think his analysis also ignores demand and supply.