It's not something people hear about.
quote:
Somthor wrote this then went back to looking for porn:
Dumping items (the sale of items of below cost) is illegal.
would you be willing to explain why? [ 11-29-2003: Message edited by: Mog ]
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How.... Sean.... uughhhhhh:
This thread needs 300cc of common sense, stat.
Double the dose, nurse.
Somthor needs a lethal injection.
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Somthor scribbled:
Dumping items (the sale of items of below cost) is illegal.
Only in very specific cases related to antitrust actions intended to destroy competition. This is not one of those cases. In fact, it's extremely common for a retailer to offer "loss leaders"... stuff sold below cost to lure shoppers into their store to hopefully sell them some of the stuff with actual profits. [ 11-29-2003: Message edited by: Drysart ]
Wal mart however sells great quanties of a particular item targeted to prevent the viablity of its compediters.
a good example is when they were trying to put pet super market out of busness. they sold cat/dog food that costs about .20 cents a can (mostly the expense of shiping the bulk and weight) for .05 a can. The price war went on for a while then stopped when legal action was threatened.
quote:
Somthor enlisted the help of an infinite number of monkeys to write:
that is correct loss leaders are a common and accepted practice. you have a short limited supply that you sell as a one time deal.Wal mart however sells great quanties of a particular item targeted to prevent the viablity of its compediters.
a good example is when they were trying to put pet super market out of busness. they sold cat/dog food that costs about .20 cents a can (mostly the expense of shiping the bulk and weight) for .05 a can. The price war went on for a while then stopped when legal action was threatened.
That has nothing to do with this instance.
There are a fair amount of people who go to these big sales and behave like normal people. Then there is the population that freaks out and does just about everything to get one of the sale items.
I never meant to insue that Lyinar or her family fell into column B.
unless I hear of Lyinar gnawing the ankle of an elderly woman while attempting to get a DVD player 
quote:
Quoth Somthor:
that is correct loss leaders are a common and accepted practice. you have a short limited supply that you sell as a one time deal.Wal mart however sells great quanties of a particular item targeted to prevent the viablity of its compediters.
a good example is when they were trying to put pet super market out of busness. they sold cat/dog food that costs about .20 cents a can (mostly the expense of shiping the bulk and weight) for .05 a can. The price war went on for a while then stopped when legal action was threatened.
Mog,
If it's so obvious, so illegal, and so despicable, why has Wal Mart not been slapped with the mother of all anti-trust suits?
Every store in the universe, except perhaps small family-run concerns that really have no place outside a Norman Rockwell painting, does exactly the same thing. Hell, it was K-Mart that invented the blue-light special.
--Satan, quoted by John Milton
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Jajahotep wrote, obviously thinking too hard:
Okay.. first of all.. my apologies to Lyinar for the comment I made that she took offense to. I was really thinking of my in-laws and how one person threw themselves over 3 of the $500 computers (and a couple of DVD players) in case anyone came near.There are a fair amount of people who go to these big sales and behave like normal people. Then there is the population that freaks out and does just about everything to get one of the sale items.
I never meant to insue that Lyinar or her family fell into column B.
unless I hear of Lyinar gnawing the ankle of an elderly woman while attempting to get a DVD player
Her thoughts echo mine. My post was NOT intended to say anyone shopping on Black Friday is a dumbass, but intended to say that people that do stupid shit on Black Friday are dumbasses.
Same as people that do stupid stuff waiting in lines for a movie. Not everyone that does is a dumbass. But if someone were to get in a fight for the first spot, yer right they are a dumbass.
Deth, you should know me better than that, to think that I'd make that much of a blanket statement about anyone. I'm not that type of person.
Now, be nice to me or else I'll unleash all hell in your lab next time you fall asleep.
--Satan, quoted by John Milton
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Bloodsage said this about your mom:
I thought Black Friday was when the blimp crashed into the stadium?
With the way some people act at some stores, I wouldn't doubt if thats where they got the name.
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When the babel fish was in place, it was apparent Falaanla Marr said:
With the way some people act at some stores, I wouldn't doubt if thats where they got the name.
Actually, they call it 'Black Friday' because it is when stores usually come out of the red for the year and into the black. 
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Jajahotep thought this was the Ricky Martin Fan Club Forum and wrote:
Actually, they call it 'Black Friday' because it is when stores usually come out of the red for the year and into the black.
Wrong.
Ferret dug this up the other day, I forgot to snag his source.
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[18:47:44] <Ferret> Sept. 24, 1869, in U.S. history, day of financial panic. In 1869 a small group of American financial speculators, including Jay Gould and James Fisk, sought the support of federal officials of the Grant administration in a drive to corner the gold market. The attempt failed when government gold was released for sale. The drive culminated on a Friday, when thousands were ruined—the day is popularly called Black Friday. There was great indignation
[18:47:59] <Ferret> Only thing I could find on it
[18:48:30] <Ferret> And its the wrong date too.
[ 11-29-2003: Message edited by: Sean ]
It's not something people hear about.
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Bloodsage had this to say about Duck Tales:
Mog,If it's so obvious, so illegal, and so despicable, why has Wal Mart not been slapped with the mother of all anti-trust suits?
Every store in the universe, except perhaps small family-run concerns that really have no place outside a Norman Rockwell painting, does exactly the same thing. Hell, it was K-Mart that invented the blue-light special.
That's Somthor, not Mog.
Oh, wait, I get it. It's a joke. Teehee. [ 11-29-2003: Message edited by: Arttemis ]
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Bloodsage's account was hax0red to write:
Mog,Every store in the universe, except perhaps small family-run concerns that really have no place outside a Norman Rockwell painting, does exactly the same thing.
I know, hence me asking why he claimed its illegal, i realy doubt it is and wanted to find out his logic backing it up
When Mog does it, it's sort of funny and kind of cute; when others type like that, it's just annoying and removes any hope of credibility. Except Drunk Maradon.
--Satan, quoted by John Milton
quote:
Bloodsage attempted to be funny by writing:
Mog,If it's so obvious, so illegal, and so despicable, why has Wal Mart not been slapped with the mother of all anti-trust suits?
Every store in the universe, except perhaps small family-run concerns that really have no place outside a Norman Rockwell painting, does exactly the same thing. Hell, it was K-Mart that invented the blue-light special.
I dont have a answer to this, seems to me its more of a issue than Micro soft. BUT walt mart has been sued and charges with many lesser offenses.
Aparrently I'm the only Anti Wal mart person here and so rather than post a bunch of stuff about how bad they are. I'll jsut let this thread die out
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Verily, the chocolate bunny rabits doth run and play while Somthor gently hums:
I dont have a answer to this, seems to me its more of a issue than Micro soft. BUT walt mart has been sued and charges with many lesser offenses.Aparrently I'm the only Anti Wal mart person here and so rather than post a bunch of stuff about how bad they are. I'll jsut let this thread die out
Bumping != letting a thread die.
Hate to break it to you, but you not liking something doesn't mean it's illegal. You can not like Walt Mart and Micro soft all you want, but it doesn't mean they're evil.
--Satan, quoted by John Milton
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Bloodsage had this to say about dark elf butts:
Bumping != letting a thread die.Hate to break it to you, but you not liking something doesn't mean it's illegal. You can not like Walt Mart and Micro soft all you want, but it doesn't mean they're evil.
I'm evil
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Somthor thought this was the Ricky Martin Fan Club Forum and wrote:
I dont have a answer to this, seems to me its more of a issue than Micro soft. BUT walt mart has been sued and charges with many lesser offenses.Aparrently I'm the only Anti Wal mart person here and so rather than post a bunch of stuff about how bad they are. I'll jsut let this thread die out
I hate Wal*Mart because their game selection dissapoints me time and time again [ 11-29-2003: Message edited by: Cowboy Darius ]
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quote:
Mog had this to say about the Spice Girls:
I know, hence me asking why he claimed its illegal, i realy doubt it is and wanted to find out his logic backing it up
becuse you doubt me (and why shouldnt you) and you asked twice
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Dumping is basically predatory pricing. It occurs when companies sell goods for a price lower than the cost of producing them in order to drive out the competition and, subsequently, raise prices. Anti-dumping laws against foreign companies are akin to U.S. antitrust laws against domestic companies with monopolistic aspirations. But the U.S. government very rarely punishes domestic companies accused of predatory pricing because there is little danger that any company will establish a monopoly. New competitors can always emerge after prices go back up.
Price dumping involves a single company or group of companies (a cartel) arbitrarily setting prices to either drive another company out of business or artificially inflate the price to consumers. The best evidence that manipulation is taking place is a price set below the actual cost of production. After the fact, a sudden rise in price after the demise of competition is another clue, though it usually comes too late to allow effective action.
_________________________________________________
the Sherman act Title 15 USC sections one and two
Sec. 1. - Trusts, etc., in restraint of trade illegal; penalty
Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is declared to be illegal. Every person who shall make any contract or engage in any combination or conspiracy hereby declared to be illegal shall be deemed guilty of a felony, and, on conviction thereof, shall be punished by fine not exceeding $10,000,000 if a corporation, or, if any other person, $350,000, or by imprisonment not exceeding three years, or by both said punishments, in the discretion of the court
Sec. 2. - Monopolizing trade a felony; penalty
Every person who shall monopolize, or attempt to monopolize, or combine or conspire with any other person or persons, to monopolize any part of the trade or commerce among the several States, or with foreign nations, shall be deemed guilty of a felony, and, on conviction thereof, shall be punished by fine not exceeding $10,000,000 if a corporation, or, if any other person, $350,000, or by imprisonment not exceeding three years, or by both said punishments, in the discretion of the court
this applies as wal mart uses predatory pricing (price dumping) to drive competitors out of its market.
____________________________________________________
Numerous analysts have noted how Wal-Mart, to destroy competition, lowers its prices, then raises them once competitors have been driven out of business. Predatory pricing is acknowledged as illegal under the antitrust laws, violating the prohibitions against monopolization, conspiracies to monopolize, and attempts to monopolize that are found in the Sherman Act (15 U.S.C. § 1, et seq.). In addition, if the predator does not engage in below-cost pricing in all of its markets, predatory pricing constitutes "primary-line" price discrimination in violation of the Robinson-Patman Act (15 U.S.C. § 13, et seq.).
Section 2(a) of the Clayton Act, as amended by the Robinson-Patman Act, 15 U.S.C.A. Section 13(a), prohibiting price discrimination (subject to the cost justification and meeting-competition defenses)
Section 2(d) of the Clayton Act, as amended by the Robinson-Patman Act, 15 U.S.C.A. Section 13(d), prohibiting the payment of anything in value for services or facilities for the processing or sale of goods, unless such compensation is available on proportionally equal terms to all other competing distributors.
Section 2(e) of the Clayton Act, as amended by the Robinson-Patman Act, 15 U.S.C.A. Section 13(e), prohibiting the furnishing of services or facilities for processing or handling of goods on a discriminatory basis (meaning, would have to be made available to all competitors on proportionally equal terms).
Section 2(f) of the Clayton Act, as amended by the Robinson-Patman Act, 15 U.S.C.A. Section 13(f), prohibiting the knowing inducement or receipt of a discriminatory price.
http://www.ftc.gov/be/V020011.htm
__________________________________________________________
non related but interesting
AP | 11/11/03 | JEFFREY GOLD
NEWARK, N.J. (AP) — Wal-Mart Stores Inc. conspired with contractors in a criminal enterprise that violated the civil rights and wage protections of immigrants who cleaned its stores, workers recently arrested in federal raids charged in a lawsuit. The federal lawsuit seeks class-action status for perhaps thousands of immigrants, legal and illegal, hired by the contractors to clean the stores of the world's largest retailer, said a lawyer for the workers, James L. Linsey. The scheme by Wal-Mart and the contractors violated the Racketeering Influenced Corrupt Organizations Act, known as RICO, by systematically depriving the workers of labor law protections...
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Somthor wrote this then went back to looking for porn:
Dumping items (the sale of items of below cost) is illegal.
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would you be willing to explain why?
I stated that wal marts policies were a contributing factor to this instance, almong them its illegal pricing.
[ 11-30-2003: Message edited by: Somthor ]
my orginal post stated i smell a lawsuit... everything else is in relation as to why I feel that wal mart is liable in this instance and will get sued (wither they win or lose) this will take you to a case [url]http://www.law.fsu.edu/library/flsupct/90916/90916ressupp.pdf[/url ] in florida where wal mart got sued becuse they sold minors ammo that was then used to shot and kill a person in walmarts parking lot. Coker v. Wal-Mart Stores, in a search engine will get you lots of other cases against wal mart for various liablity issues
when questioned about these contract breaches they mearly point to "know nothing" employees as an excuse
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Somthor wrote this stupid crap:
i'd rather argue they are following a wal mart policy to pre release goods prior to agreed upon times in order to be the known source in these instances and thus reduce the market share of vendors who adhere to their contracts.when questioned about these contract breaches they mearly point to "know nothing" employees as an excuse
Who really cares? You're too hard on for flaming Wal Mart. It's just a company trying to stay on top like every other company in the world. OHNOSE!! WALMART IS EVIL BECAUSE THEY MAKE MONEY!!!!! Shut the fuck up already.
If you want to flame a company for something flame the people who make bottle water. I mean, come on.. it's the most abundant resource on the planet, and they charge you a buck for sixteen ounces of it! OUTRAGEOUS!!
oddly water around here costs more than soda
.99 for a coke. 1.25 for dansani water (its a coke product made at the same plant)
speaking of water
I like dansani
fiji
perier
zepher hills
pelegrini
VOSS the best.....ever
apolloina
HATE aquafina (pepsi)
drink alot of mineral water/carbonated becuse i have stomach problems and it makes me feel better
btw
the average person consumes approximately two and a half quarts of water per day and sixteen thousand gallons in a lifetime? [ 11-30-2003: Message edited by: Somthor ]
quote:
Somthor spewed forth this undeniable truth:
I dont like Wal mart its personal.....oddly water around here costs more than soda
.99 for a coke. 1.25 for dansani water (its a coke product made at the same plant)
speaking of water
I like dansani
fiji
perier
zepher hills
pelegrini
VOSS the best.....ever
apolloinaHATE aquafina (pepsi)
drink alot of mineral water/carbonated becuse i have stomach problems and it makes me feel better
So you're willing to pay $1.25 for tap water...
Man some people in this world make my head hurt.
I live in florida its hot, i take blood pressure medicine and im constantly thirsty... the kind of thirst that soda wont help. I drink my water warm most the time so i absorb it faster.
until you have been truely dehydrated you jsut dont know how good swill can taste.
quote:
There was much rejoicing when Death of Rats said this:
I personaly don't like wal*ass, but even I admit that in this case, the customers were the problem and not the store.
I say they were a contributing factor to the problem. yes the crowd is mostly at fault, but partial blame is still Wal marts even if its only 10% or so
I trump you, new guy.
While Wal-mart had a DVD player for 29.00, Circut City had THIERS for 28.99. And Best Buy's was 29.99.
They aren't dumping in any form - the going ale price for bare-bones, off brand DVD players is 30 bucks, this year.
Also, I worked at Wal-mart last year. On the day after Thanksgiving. At 5:30 AM.
In a mob scene like that, a mob is almost uncontrollable. The one employee who DID help her should be congradulated. Just so you know, on those days, everyone has a place - While some employees DO watch the doors, what if she went down in the middle of throngs of people? How can you even say it's the employee's or the companies fault?
I went to two openings on Friday. The first, at Circuit City, everyone lined THEMSELVES up in a line - and we were fine, no incident. At Office Max, it was more of a mob scene. It's up to the customer's present to descide the way they want to do it - and you can tell just by approaching a situation how it's going to be.
All of the deals at Wal-mart are comparable to deals everywhere else.
You need to know what you're talking about before you accuse businesses of dumping to put other businesses out of business.
No blame is Wal-mart's, in my opinion. The public was stupid.
Hell, 2 years ago, one of my managers got bitten by a member of the populous on Black Friday. [ 11-30-2003: Message edited by: Gikk ]
I knocked his front teeth out and I suspect he's not bitten anyone since.
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There was much rejoicing when Mr. Parcelan said this:
I'm evil
