11 ms·
> 55% do not know it is legal for an online store to charge different people different prices... > 62% do not know that price-comparison sites like Expedia or
by jbuzbee 11y ago
> 55% do not know it is legal for an online store to charge different people different prices...
> 62% do not know that price-comparison sites like Expedia or Orbitz are not legally required...
Statements like tell me that the survey was biased. It's making it seem like these companies are doing something that should be illegal when all they are doing is charging what the market will bear.
- nfoz 11y agoThere are many situations in which "charging what the market will bear" is illegal. We have legal price controls, and restrictions on what/how items can be sold, in many asset classes.
- seanp2k2 11y agoIf places can profit from operating in the margins where the law is shaky and they're unlikely to be challenged on their choices (risk vs reward), they probably will.
- dredmorbius 11y agoDetermining "what the market will bear" without revealing the full range of market options isn't fair practice. Particularly where Expedia or Orbitz effectively are the market.