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Subject: 
Re: Euro: one currency does not mean one price :-(
Newsgroups: 
lugnet.loc.eu, lugnet.lego.direct
Date: 
Fri, 4 Jan 2002 17:57:08 GMT
Viewed: 
2832 times
  
In lugnet.lego.direct, Juergen Stuber writes:
"Wessel Burgers" <wessel_b@yahoo.com> writes:

To me this comes across as really strange. It is almost as though someone at
LD is making up these prices at random.

I think it's probably decided on a per country basis,
taking into account local taxes, shipping costs and pricing habits
(.99 is much more common in Germany than France, for example).

According to a survey of the Euro in a recent Economist, one of the expected
outcomes of Euro-isation is to make it easier to highlight price
differences. Where the price differences are due to no reason at all, the
expected outcome is that over time they will move closer together. Where the
differences are due to VAT or whatever, the expected outcome is that over
time, pressure will be placed on high tax governments by consumers to remove
the differences that lead to price differences.

That was the Economist's assertion anyway. They also said it would take time.

They had some examples in the article of prices that varied a LOT more
widely than this basket of LEGO commodiities do. (car spares for example are
cheap in Denmark and expensive in Germany and cars themselves are expensive
in Denmark and cheap in Germany (or the other way round, I forget))



Message has 1 Reply:
  Re: Euro: one currency does not mean one price :-(
 
"Larry Pieniazek" <lpieniazek@mercator.com> wrote in message news:GpFDv8.561@lugnet.com... (...) With LEGO's European wide e-commerce from Denmark there wont be any local price differences for VAT. However, they say that they must factor in the (...) (22 years ago, 4-Jan-02, to lugnet.loc.eu, lugnet.lego.direct)

Message is in Reply To:
  Re: Euro: one currency does not mean one price :-(
 
(...) I think it's probably decided on a per country basis, taking into account local taxes, shipping costs and pricing habits (.99 is much more common in Germany than France, for example). Jürgen (22 years ago, 4-Jan-02, to lugnet.loc.eu, lugnet.lego.direct)

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