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Old 03-08-2012, 04:57 PM
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oldpotatoe oldpotatoe is offline
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Join Date: Oct 2009
Location: Republic of Boulder, USA
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Quote:
Originally Posted by Black Dog
Here is how Maestro weighs in on the issue. He runs a shop out of the UK.
"Price Cartels Are Illegal

The current fashion is to defend high prices, by authorising dealers, i.e. a price cartel, designed to remove the competitive element of sales, PRICE CARTELS ARE ILLEGAL, in virtually every country, in Europe, a company director involved in price cartels, can be liable on conviction to a prison sentence of up to five years.

The only thing you are guaranteed from an authorised dealer, IS A HIGHER PRICE, you are not guaranteed knowledge of the product, superior service, or even a correctly transacted warranty."
I guess they got that phone call about EPS. He's doing the buy bike, strip parts, sell at huge discount, gig.

Price cartels may be illegal but selling at margin that keeps the lights on isn't either.

Maybe Maestro needs to look up Circuit City or Ultimate Electronics and how volume applies to margin.