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Old 02-26-2009, 09:15 PM   #106
ChasDen
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Default Re: Mikes Cigars loses Oliva.

Quote:
Originally Posted by Pat1075 View Post
Just a quick point to all those calling this price fixing it is not. Price fixing is an illegal practice which occurs when two or more businesses in an area who are in a similar trade like cigars decide they will sell the same product for the same price. So if shop A decided they would sell Oliva G for 5.60 a piece this week so would shop B. then over the weekend the owners of shops A and B would meet and decide the would raise the price of oliva G to an even 6.00 on monday. it would work the same way with price drops too. That would be price fixing. Thats all thank you.
It would have been quicker to just type:

Cigar shops are not gas stations, that's price fixing

Chas
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