Judge denies Amazon’s, Apple’s motions to dismiss class action price-fixing suit
arstechnica.com
arstechnica.com
⇒ to me it seems at least part of the reason is that they are huge and have a lot of money.
I also think Ars Technica’s article title is incomplete. Again, FTA:
“Coughenour dismissed one aspect of the plaintiff's lawsuit. […] a "per se" finding of antitrust violation could not be sustained”
So there were multiple claims (how many, I wouldn’t know) at least one of which was dismissed and at least one of which was sustained.
This eases pressure on Apple having to compete on cost with its older functioning devices.
Amazon has a huge problem with counterfeits, and of all the major brands on Amazon, I think Apple is the safest to buy because of this agreement.
Besides, counterfeit products comingling has never bother amazon before, so why now?
If only there were stores other than Amazon :(
This is illegal? What law is it then? Anti-Trust usually refers to monopolies rather than working with retail companies for the display case... Anyway, if it isnt, its just another way Apple shows its dominance as the best in Marketing.
Even if someone can't find the product they want, they have felt the effect of Veblen goods. "Wow Apple is so expensive, this surely will let people know I have a good job."
If you are a consumer buying a Veblen good, don't you want this? Don't you want other people to perceive Apple only has expensive products? If you go off-site and get a used phone, you still are part of the Apple in-group, and people think you/your parents have a great job.
It's not always a positive judgement on my part. Maybe I'm too judgemental.
You mentioned the financing, and yes, its why every teen and low income person has an iphone. It doesnt matter who buys it to Apple, its money to them all the same.
The important part is to keep the marketing consistent. "If you buy expensive products, your status will go up". Showing that it is affordable to get an iPhone is bad for business.
Basically, this is one seller of X reaching out to another seller of X to fix prices for X. Definitely seems like a worthwhile case.
Oustanding use of sarcasm.
You use emotional manipulation to justify market manipulation.
Unless you were serious?