fishdan's Journal: Caveat Emptor

The Chicago Tribune is running a story about a study that the Annenberg Public Policy Center of the University of Pennsylvania is releasing a today that shows that "sixty-four percent of American adults do not know that it is legal for online stores to charge different people different prices at the same time of day for the same product."

From the article:

"Amazon.com outraged some customers in September 2000 after one buyer deleted the electronic tags on his computer that identified him as a regular customer and noticed the price of a DVD changed from $26.24 to $22.74. The company said it was the result of a random price test and offered to refund buyers who paid the higher prices."