Wednesday, June 1, 2005

Internet Shopping and Other Links

  • Internet merchants sometimes charge difference prices to different customers for the same products [AP]

    "Amazon.com outraged some customers in September 2000 after one buyer deleted the electronic tags on his computer that identified him as a regular customer and noticed the price of a DVD changed from $26.24 to $22.74. The company said it was the result of a random price test and offered to refund buyers who paid the higher prices".

    Wow, I am really shocked by this! I assumed prices fluctuated due to market forces, but I didn't realize retailers set prices based on where you've surfed on the net...

    The lack of transparency is mind-boggling!