[Market-farming] Undercutting prices
pat at meadows.pair.com
Wed Sep 22 17:26:33 EDT 2004
On Wed, 22 Sep 2004 10:22:32 -0700 (PDT), you wrote:
>>> Remember they 're losing money and can't keep that up. Some markets have
>> people in charge who can prevent price wars.
>We used to have this problem especially with some of the older folk who
>mainly came to the market to socialize and give stuff to their neighbors.
>In small town rural America we really can't resort to heavy handed stuff.
>We carefully explained that the other vendors were getting their only
>income from the market and undercutting only hurt everyone in the end. In
>our new rules we state...no undercutting...vendors are instructed to check
>with the rest of the market vendors for current prices on similar products
>and adjust as necessary. Reselling in not allowed.
How do you get around the laws against price-fixing and
conspiring to fix prices?
I can understand that reselling is not allowed, and as far
as I know, that would not be illegal (IANAL). But I wonder
about the price-setting.
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