consumer protection as a quirk
interesting bit
that frames a belgian law that prevents the discounting of one product if it accompanies the raising of a bundled product or service as a "quirk".
actually, in economics, that "quirk" is what we call "cost"
the quirk reveals the cost of the new iphone at (US)$850 rather than the advertised (US)$300 because it is upfront. I'm not quite sure how anyone could pretend that a consumer protection law designed to make people explicitly aware of how they discount the future is a "quirk". it's a law. it was deliberately designed to do EXACTLY what it is doing because frankly, consumers aren't good at it and businesses take advantage of that fact to sell more stuff.
that frames a belgian law that prevents the discounting of one product if it accompanies the raising of a bundled product or service as a "quirk".
actually, in economics, that "quirk" is what we call "cost"
the quirk reveals the cost of the new iphone at (US)$850 rather than the advertised (US)$300 because it is upfront. I'm not quite sure how anyone could pretend that a consumer protection law designed to make people explicitly aware of how they discount the future is a "quirk". it's a law. it was deliberately designed to do EXACTLY what it is doing because frankly, consumers aren't good at it and businesses take advantage of that fact to sell more stuff.
posted by aram shumavon at 4:20 PM
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