• Moonrise2473@feddit.it
    link
    fedilink
    English
    arrow-up
    46
    ·
    1 year ago

    In Europe there’s a law that forces stores (online but also physical) to post also the lowest minimum price in the last month.

    So it would be €199 €64 (lowest price in the last 30 days: €39)

    • dan@upvote.au
      link
      fedilink
      English
      arrow-up
      14
      ·
      edit-2
      1 year ago

      Amazon US doesn’t do that, but they do show a “lowest price in 30 days” badge that is actually truthful (appears when the item is on sale and the sale price is the lowest in the last 30 days). Of course, there’s some sellers that game it by increasing their prices over 30 days before Prime Day.

      • Dudewitbow@lemmy.ml
        link
        fedilink
        English
        arrow-up
        5
        ·
        1 year ago

        I dont think it includes procong due to coupons though.

        If a product had a minor coupon (e.g <5$) and the product was discounted to that price without coupon, it would still advertise lowest price despite it not really changing.

    • Crow@lemmy.world
      link
      fedilink
      English
      arrow-up
      10
      ·
      1 year ago

      I don’t know if it’s a law here too in Canada, but Amazon.ca works the same. What sellers do to get around this just make a new listing for products at inflated rates so they can then discount them for “sales”, while simultaneously setting the regular listing to unavailable until the “sale” is over.

      • goomby69@lemmy.world
        link
        fedilink
        English
        arrow-up
        5
        ·
        1 year ago

        Using a browser addon that tracks price history, we found a bunch of “deals” on Amazon US that had raised the price 30 days ago and are now flagged “Lowest price in 30 days!”. The “deal” price was almost always the exact same price it was 31 days prior.

    • Sk1kn1ght@ttrpg.network
      link
      fedilink
      English
      arrow-up
      3
      ·
      1 year ago

      On Germany’s site it was rampant with crap like that that had it’s price raised literally 3 days before the prime day