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Suppliers are not allowed to fix prices, the word "recommended" in "recommended retail price" is there as a result of significant legal battles in the 60s and 70s.
Effectively the law says that a supplier states their price and sells an item to a retailer, and a retailer can determine what price they will sell the item to a consumer.
A retailer is allow to set that price however they wish, including running loss leaders (selling something at a loss so that you become a customer and subsequently purchase higher margin items from them, from which they'll make an overall profit) or applying seasonal discounts and promotions, etc.
Dani Foffa has made a statement in the press that basically says "retailers are not allowed to discount" which effectively means that Foffa Bikes are denying the retailers the ability to discount via a supplier contract with Foffa. That is illegal.
That is illegal, as it means that without discounting at all, and being forced to sell at the same price as other retailers, means that the price is being fixed by Foffa Bikes.
Both UK and EU law prohibit this. Hence the word "recommended" in RRP... the retailer may suggest a price but cannot dictate it.
There are other laws in this area which don't apply... such as using a dominant market position to set prices. But those are irrelevant, even a non-dominant supplier is prohibited from setting prices like that.
I wonder if Wiggle are actually complicit in this price-fixing. For if they are, someone should ask whether this is something that they do for other suppliers, and whether this is indicative of wider behaviour in the bike industry to set (online) prices against the consumer interest (competitive pricing).
Hmmmmmmmmmm had similar happen to me this past week - supplier decided that as I discount their bikes they will no longer supply to me, this came after a local competitor complained. I sell both online and from a physical location - but to be perfectly honest, I do understand the competitors position and can sympathise - sneaky though !!
............................. now just waiting to see how Dani gets out of this one !!!
Certain that Tyson Sadlo ( Foffa PR ) is sweating blood trying to put together a smug X clever X grovelling X superior response in the guise of Mr. Foffa
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At some point we went from "this guy is saying some racist shit, let's tell him he's being a prick and perhaps explain why" all the way to "let's harass this guy, put his real name up, and start digging through his employment and make personal attacks".
At what point do you think that perhaps we no longer have any moral high ground and that the jerks on the forum may perhaps be us?
Plus one million reps ^^^^^^^^
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21 pairs only
700 x 23c Yellow tyres
23-622120 PSI
Forum only price
PER PAIR £15.50 posted
delivered UK mainland (not remote locations, highlands or islands)Please PM or email to baffins@ymail.com & I will send paypal request for payment
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HA HA ....................... like it - exactly what I wanted !!