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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 20:23:40 GMT
Viewed:	3299 times

"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. lawrence

Message has 1 Reply:

		Re: Euro: one currency does not mean one price :-(
(...) 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. (23 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 :-(
(...) 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 (...) (23 years ago, 4-Jan-02, to lugnet.loc.eu, lugnet.lego.direct)

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