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posted by CoolHand on Tuesday June 05 2018, @03:22PM   Printer-friendly
from the sticking-it-to-the-consumer dept.

Submitted via IRC for SoyCow8317

Car makers like Jaguar Land Rover and Peugeot have been accused of using special software to raise spare parts prices.

Source: https://www.engadget.com/2018/06/04/car-makers-used-software-to-raise-spare-parts-prices/

Ever had the nagging suspicion that your car's manufacturer was charging outrageous prices for parts simply because it could? Software might be to blame. Reuters has obtained documents from a lawsuit indicating that Jaguar Land Rover, Peugeot, Renault and other automakers have been using Accenture software (Partneo) that recommended price increases for spare parts based on "perceived value." If a brand badge or other component looked expensive, Partneo would suggest raising the price up to a level that drivers would still be willing to pay. It would even distinguish parts based on whether or not there was "pricing supervision" over certain parts (say, from insurance companies or focused publications) to avoid sparking an outcry.


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  • (Score: 1, Insightful) by Anonymous Coward on Tuesday June 05 2018, @06:05PM (4 children)

    by Anonymous Coward on Tuesday June 05 2018, @06:05PM (#688963)

    but that's specific to where a monopoly (natural or otherwise) is involved. In any other case it will eventually correct itself.

    You do realize that a pure capitalist will do everything in their power to create a monopoly yes? The "correct itself" statement is the crux of the problem here, markets don't give a shit and require a human to make a difference. What to do when someone corners the market and pushes out all competition? We see this all the time, and usually it is despite government regulation contrary to the typical libertarian lament about "if only the gov would stop meddling with the perfect market!"

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  • (Score: 2) by The Mighty Buzzard on Tuesday June 05 2018, @06:09PM (3 children)

    You can read, can't you? Reread what I actually wrote instead of what you wanted me to say.

    --
    My rights don't end where your fear begins.
    • (Score: 0) by Anonymous Coward on Tuesday June 05 2018, @06:27PM (2 children)

      by Anonymous Coward on Tuesday June 05 2018, @06:27PM (#688981)

      Ha, I'm not putting words in your mouth you giant fool. I'm pointing out that your theory of market self-correction fails miserably most of the time. It only works for markets where initial capital investment is low and there is no incumbent who can simply lose money for a little while to put you out of business.

      How do you think you're so smart? I just don't get it, constant failures to understand what other people say and horrible logic and assumptions to prop up your own world views. You are too smart for your own good, but not smart enough to be any good. Except coding perl apparently, at that you are sufficient.

      • (Score: 2) by The Mighty Buzzard on Wednesday June 06 2018, @02:50AM (1 child)

        by The Mighty Buzzard (18) Subscriber Badge <themightybuzzard@proton.me> on Wednesday June 06 2018, @02:50AM (#689127) Homepage Journal

        It only works for markets where initial capital investment is low and there is no incumbent who can simply lose money for a little while to put you out of business.

        You're horribly wrong but you wouldn't listen if I pointed out a million examples, so I won't bother.

        --
        My rights don't end where your fear begins.
        • (Score: 0) by Anonymous Coward on Wednesday June 06 2018, @03:53PM

          by Anonymous Coward on Wednesday June 06 2018, @03:53PM (#689353)

          Nice to see your usual tactic of "I'm right, you're dumb, i dont have to offer proof."

          Cause history disagrees with you, only by the grace of government regulation do we have a halfway decent society. Go eat a turd you stupid bird.