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.
(Score: 2) by The Mighty Buzzard on Wednesday June 06 2018, @03:11AM (2 children)
Bullshit. Genuine price is whatever it makes you the most money over the product's sales lifetime to charge. Yes, you absolutely can and should charge every penny the market will let you. Right up to the point where it starts lowering overall profits. Wal-Mart understands this, which is why they sell tons of shit for cheap. It's not because they want to do a public service, it's because they think they're going to make more money doing so.
My rights don't end where your fear begins.
(Score: 0) by Anonymous Coward on Wednesday June 06 2018, @03:59PM (1 child)
Sociopaths like you are why government regulation is necessary. Thanks for fucking shit up ya douche.
(Score: 2) by The Mighty Buzzard on Thursday June 07 2018, @03:16AM
That's not sociopathy. It's lack of idiocy. What something is worth is decided by supply and demand. Saying you should get something for less than what it's worth marks you as the greedy one not the business.
My rights don't end where your fear begins.