Re:Washington state shuts down Amazon price-fixing program n...
by noizejoy on Wednesday January 26, 2022 @08:02PM
(#30094575)
You ignored the key detail: Who set the price for the Kellog’s corn-flakes?
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Re:Washington state shuts down Amazon price-fixing program n...
by NovemberWhiskey on Wednesday January 26, 2022 @08:06PM
(#30094622)
Walmart? I mean they're on Walmart's shelves. I'm pretty sure Walmart sets the price for everything that's on its shelves.
I mean, Walmart could just choose not to sell Kellogg's Corn Flakes at all. If that was more profitable, I'm pretty sure they'd do that.
They sell their own brand at a lower price point for price-sensitive customers, they sell the "premium" brand at a higher price for customers who buy on the basis of the name etc.
Re:Washington state shuts down Amazon price-fixing program n...
by modo_mario on Thursday January 27, 2022 @09:46AM
(#30101165)
Yeah. Key difference. If the kellogs flakes don't sell at a higher price then Wallmart loses out. It's on Wallmarts balance sheet.
If Amazon doesn't sell the brand they have a contract with and now compete with they don't lose out. It's not on their balance sheet. They don't buy that inventory, spend on that shelfspace, etc
Additionally I believe Amazon was pricefixing in cooperation with other retailers.