Hororgasm[PuristSPro Moderator]
7545
now...what if Costco decides to sell ABOVE list price?
and they sell a product that is exactly from Omega's international catalogue and/or website that states its available in all/most countries. would that lawsuit be relevent?
luxury goods inelastic
By: Patrick : November 8th, 2010-11:30
Generally, luxury goods are seen as price inelastic. In some instances price increases can actually lead to increased demand, the perception being that the goods are more exclusive and therefore more desirable. I suspect that the Swatch group believes tha...
But there is no mention
By: Hororgasm : November 8th, 2010-13:13
Of whether these watches are sold to non US ADs who bought them 1)for their domestic consumption solely, then re export them because there is a price arbitrage 2) whther these were forced down the throats of overseas ADs which result in a overstocked situ...
Another perspective....
By: SJX : November 8th, 2010-22:55
The regulation of domestic policy should be one for governments. If Omega exports direct to a foreign market, then it is its responsibility to ensure foreign requirements are met. If a middleman exports and neglects to meet these requirements, then it is ...
Interesting.
By: CaliforniaJed : November 9th, 2010-06:57
SJX, thanks. I've made a few notes below. I don't think we're fully engaging, though. Your arguments seem largely in favor of the free market. I'm not necessarily opposed. I merely wanted to present, in the abstract, potential public policy rationale in f...