Wahoo
Jr. Member
- Jul 9, 2013
- 24
- 24
- Primary Interest:
- All Treasure Hunting
How is it, that every single dealer has the exact same price on every different Metal detector on the market?
They are likely contractually obligated to offer the detector for no less than "x" by the manufacturer, for some period of time.
You see it is that "Contract" which IMHO is price fixing ! It is against the law for manufacturers or anybody for that matter to agree on a set or "Fixed" price thereby stopping the fair market valuation of items to be sought by consumers. In other words it is an unfair business practice that prevents us consumers from getting better deals on Metal detectors from sellers willing to force manufacturers to sell based on performance etc....That is exactly what it is so when new ask what they can do for "extras" that's where it changes drastically. Otherwise buy used on Ebay or one of the vendors here!
Manufacturers simply tell them you can't sell our product below $X dollars and be a distributor of our product. There is a high and low range they can sell at. If they sell below the range they lose the advantage of being a dealer and being able to buy at a discount....You see it is that "Contract" which IMHO is price fixing ! It is against the law for manufacturers or anybody for that matter to agree on a set or "Fixed" price thereby stopping the fair market valuation of items to be sought by consumers. In other words it is an unfair business practice that prevents us consumers from getting better deals on Metal detectors from sellers willing to force manufacturers to sell based on performance etc....
https://www.ftc.gov/tips-advice/com...itrust-laws/dealings-competitors/price-fixing
Price fixing is an agreement (written, verbal, or inferred from conduct) among competitors that raises, lowers, or stabilizes prices or competitive terms.