Subject:
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Re: Euro: one currency does not mean one price :-(
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Newsgroups:
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lugnet.loc.eu, lugnet.lego.direct
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Date:
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Fri, 4 Jan 2002 20:46:49 GMT
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Viewed:
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30 times
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In lugnet.loc.eu, Lawrence Wilkes writes:
>
> "Larry Pieniazek" <lpieniazek@mercator.com> wrote in message news:GpFJ64.LBE@lugnet.com...
> > In lugnet.loc.eu, Lawrence Wilkes writes:
> >
> > > With LEGO's European wide e-commerce from Denmark there wont be any
> > > local price differences for VAT.
> >
> > Right, I think that's what The Economist was driving at... that these sorts
> > of inexplicable variances will, over time, either become explicable or
> > become invariant, and that when they become invariant, competitive pressure
> > will tend to cause them to be equalized at lower price points rather than
> > higher.
>
>
> No. I meant there isn't any VAT difference at all, now. Period
> In the EU VAT is charged at the rate of the selling country, not
> the customers country.
> So the VAT will always be the Danish rate.
Sorry if it wasn't clear but I was agreeing with you... this is an
inexplicable variance that over time would expected to become invariant,
hopefully at the lower price points. That's the thesis of The Economist, and
my hope as well.
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Message has 1 Reply:
 | | Re: Euro: one currency does not mean one price :-(
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| (...) And our hope too! :-) But of course, one *bad* thing could happen, if LEGO decided to level prices by the *highest*. (Follows O-T:) By the way, I believe you were right about the example of cars and tires. I can add something to it: tires are (...) (22 years ago, 4-Jan-02, to lugnet.off-topic.fun)
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