[Market-farming] Undercutting prices
pat at meadows.pair.com
Wed Sep 22 17:29:03 EDT 2004
On Wed, 22 Sep 2004 12:43:52 -0600, you wrote:
>Ditto on hurting everyone in the end. Besides the ethical part, when some vendors are driven out it cuts down on the variety and volume of produce that people come to find, and that in turn cuts down on the overall number of people coming to buy.
All of which is true. And I personally wouldn't undersell.
But - it was my impression that in a society of largely
unregulated capitalism such as ours - that it's everyone's
right (by law) to sell whatever they like for whatever price
they wish to charge.
Used books are a good example of this. We wanted to sell
used books for one reason only: to make a few honest
dollars. There's no way you can do it: too many people are
selling them for pennies just because (I think) they don't
like to throw away a book but they want to get rid of the
But OK: that's their right, by law, no?
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