An alert reader sent in this WSJ article on The Next Generation of Price-Comparison Sites. Price comparison websites are almost as old as the internet as a commerce medium. The idea is that the internet would facilitate an Adam-Smith-like perfect … Read More
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Justice Dept Sues Realtors
An alert reader in New York City sent in a link to this Wall Street Journal article, U.S. Sues Realtors, Claims Web Rules Limit Discounting. The suit alleges illegal restriction of competition, which in turn costs consumers substantial amounts of … Read More
Hurricane Creates Pricing Trouble, Opportunity
In the wake of Katrina’s devestation, so many people have so much more critical things on their minds than pricing that it almost seems frivolous to talk about pricing. At the same time, businesses must function when possible and a … Read More
Toyota Backs Off Price Hikes
Despite earlier comments by the chairman of the Japanese auto giant, Toyota will not raise prices to take the heat off GM. Toyota and Honda fear a political backlash against their sucess in the US market. Honda CEO Takeo Fukui … Read More