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Amazon Prime Days ran on July 16th and 17th (at least here, in Canada).
This price jump happened a day before and ended two days later, but this item was "on sale" during those two Prime Days.
I've been seeing this scam far too often, especially with food items. Why isn't this illegal yet?
For anyone with the kneejerk reaction "AMERICA BAD!" because of this, it's against FTC regulations here in the USA, but hasn't been enforced in 50 years.
We are allowed to sue over it, but no one does. Caveat Emptor indeed.
We are allowed to sue over it, but no one does.
SCOTUS has drastically reduced the standing allowed for class action lawsuits. The ROI on these suits is very small. So you are talking about possibly weeks or months of your life to get the nuisance value of a very small claim. And that's assuming the court doesn't dismiss your claim on standing or misfiling or whatever other legal hoop you need to jump through.
For anyone with the kneejerk reaction “AMERICA BAD!”
This is precisely why "AMERICA BAD!" The legal system is intentionally inaccessible to large pools of small claimants and only exists to facilitate disputes between large business interests or between wealthy private parties and the state.
And if you think the civil system is bad, wait till you find out the ratfvckery that goes on in the criminal system.
Why isn’t this illegal yet?
It is illegal in some countries such as Australia but the fines for doing this is nothing compared to the money gained for doing it.
Also illegal in the EU, when posting a "sale" the price compared to must be the lowest price the outlet had for the product in the previous 30 days. So unless they want to increase the price for over 30 days, this trick isn't going to fly.
For this context with Amazon though, prime is totally different in the EU than the US.
There are few countries with Amazon (eg Germany) and thus for most the benefit is that prime only gets free shipping on smaller orders that wouldn't qualify normally, and faster processing in the warehouse. Maybe you get your shit a day or two earlier.
In the US it's next day vs a week.
Point being there are far fewer prime accounts in EU so Amazon likely doesn't care if they can't discount as "deeply" as in the US.
Amazon isn’t an outlet though, is that the wording in the law? Because that implies it’s for brick and mortar only.
In the exact wording they speak of a "Trader". It's for both webshops and brick and mortar. And I think it applies to the entity and not the specific shop. So if a company has more than one shop, the lowest price on any of those shops would apply.
Now this is new law and hasn't been fully tested, I'm sure shops will try things to evade this new regulation, but in the past the EU has not taken kindly to shit like that.
It's the same story in US and Canada. Illegal, but not really enforced. And when it is enforced the the penalties aren't strong enough to be a deterrent.
What a surprise, Amazon has been doing shady shit for years and continues to do so.
This is illegal in UK and Europe...
Stop bragging about your sensible consumer laws, and legal vacation requirements, great train system and generally universal health care.
It's against FTC regulations in the US too. The trick is getting them to enforce it.
Years ago, I wanted to buy a new TV, in the middle of October. My wife said that we should wait to black Friday but I told her that black Friday was a scam so I bought it right there. I keep following the price of the TV and how is slowly but surely rise price every other day, until black Friday when it got a 40% discount and was still more than I paid a month before.
I noticed this literally on the first Prime Day. Items on my list were 'on sale' and I was lucky enough I'd just looked through my list 2 days prior. Nothing had a deeper discount. It's literally all fabricated to push the trash out they're trying to get rid of, and push you to buy items you've been looking at. There's not even a thin veil over it. Honestly been thinking of cancelling Prime because even the shipping has been bullshit lately.
It is illegal in Canada. Enforcement is the issue.
Of course. And since enforcement is basically non-existent, it doesn't matter how illegal it is!