• puchaczyk@lemmy.blahaj.zone
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    28 days ago

    I really enjoy the law in my country that requires companies to show alongside the current price the lowest price in the last 30 days.

    • Linktank@lemmy.today
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      28 days ago

      So you get to have the raised prices for an extra month? What do you enjoy about that?

      • breakingcups@lemmy.world
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        28 days ago

        I enjoy that they’ve had to raise prices above what consumers might pay for an entire month if they want to play this trick on me.

      • Maalus@lemmy.world
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        28 days ago

        They need to survive a month trying to sell something at inflated prices to then discount it. That generates losses for them - storage, space on the shelves, delayed new stuff etc. It’s long enough to force them to actually discount shit.

      • Squizzy@lemmy.world
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        27 days ago

        It isnt the raised prices, it is that you get avtual sale prices.

        For the most part they can’t sell the item at the higher price so it isnt a major profit generator until the sale price. So they need to sell at that point, if they cant show it as a sale but still need to hit that point they will sell it at the “sale price” initially.

    • Pappabosley@lemmy.world
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      28 days ago

      In my country they have to be called out on it, but to verify a discount, they have to prove that they were actively selling it at the undiscounted price for a period of about 4 weeks or so. Unfortunately a lot of this is subverted by brands inflating the recommended retail price and then the stores just show a discount from RRP