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Or since prices are set up by retailers, they'll get extra 3% profit.
by sandmn 2y ago
Or since prices are set up by retailers, they'll get extra 3% profit.
- cubefox 2y agoLuckily stores are in competition with each other.
- sandmn 2y agoThat's true for online stores but not necessarily offline, where it's hard to compare prices and it's much more convenient to go to store nearby even if they charge 10% more unless you're buying something expensive.
- throwaway48476 2y agoA lot of offline stores have website with prices.
- lxgr 2y agoI'd take my chances with some stores passing on the 3% in cheaper prices (thanks to competition) and others pocketing the profit over the status quo any day. It'd still be a net win for many people, and the end of what is effectively a redistribution from low-credit to high-credit (i.e. effectively poor to rich).