A typical thing is to make a special model just for the sales, which is the same as the normal model with maybe some small differences like firmware tweaks, different accessories, different stickers, etc... They put one or two samples in the corner of the shop at an inflated price, not intended for anyone to actually purchase, then when the sales come, they unload the truck and proudly show the new "discounted" price.
This way, they can justify that they had the product available for a long time, that it didn't sell, and they can officially make the discount.
They don't even have to keep stock except for the one sample. You can get a funny situation sometimes when someone actually wants to buy the sample at the sticker (inflated) price and the shop actively tries to discourage the customer from buying it despite the huge margin. That's because without the sample, they won't be able to justify the "discount" later.
If you could demand the difference you "lost" by believing in their exaggerated discount the law would be useful.
[0]:https://leveranciers.bol.com/en/need-help/legislation/legisl...
I can't tell if I'm seeing in-country prices from retailers in Denmark, but the Samsung 'The Frame' TV 55" (QE55LS03A) seems to be available all over the planet. This morning at bestbuy.com it's listed at normally $1499US, for sale at $999US. We typically get a local sales tax added to that of ~7%, so just under $1100US out the door.
And if the brand did this - how would it actually work. They would be telling the brand pay use 2000 for half the year, and then coming to black friday they would tell the brand now you only need to pay us 1500? I'm not getting the angle here.
I'm currently in the market for a few big ticket household items, and the Black Friday hype is everywhere I look. When I try to compare prices for specific models, they are suspiciously identical everywhere, with a few outliers charging the higher RRP.
I would expect a retailer-led approach to have a bit more variation. Just a few quid here or there, where some might have a genuine "clearance" need, others lower general overheads/margins etc.
In Europe, and I'm sure the US the items must be the same or of equivalent value. Also I believe the “full price” before discount must have been the offered price for a certain number of days in the recent past, but I can’t remember the details.
https://www.google.com/search?q=raising+prices+increases+sal...
on edit: consumer rights of course covers more than this but going through the site can find cases where companies have been fined etc. for violations of rights - for example https://www.forbrugerombudsmanden.dk/nyheder/forbrugerombuds...
in this case company reported to police for illegal telephone sales.
This would be illegal in Denmark https://www.forbrugerombudsmanden.dk/hvad-gaelder/markedsfoe...
English
>If an item, for example, has cost DKK 1,000 throughout the year, and it is set up to DKK 1,500 for 6 weeks and then comes on “sale” for DKK 1,000 again, this is misleading, which is illegal.
obviously you can do stuff like set the price up for a longer period to escape being illegal but then you probably have a bunch of stock sitting around that doesn't move.
although as a general rule when I see black friday deals in Denmark I am not too thrilled at the savings, maybe because they tend to be realistic markdowns.