Topic: I am NOT associated with any price fixing (Read 677 times)

Recently a new GBC - one whom I didn't personally vet and someone who isn't even a client of mine - overstepped his bounds of our coach/student relationship and added my name on a site where he used my name & rep to endorse price fixing of the price of Group Buy shares among other GBCs. I have asked this GBC to remove my name immediately because I specifically told him I could be affiliated with him but I cannot be seen as someone who endorses price fixing, yet credibly say I represent buyers too, since that sort of behavior on the part of Sellers always turns out to hurt customers in every market it's used.

While this type of behavior is not illegal in this nascent market, I refuse to be involved with any cabal or group that reeks of price fixing and attempts to set prices on something that can change on a daily basis (thereby removing a lot of customer choice vis-à-vis price).

If you see my name endorsing a GB Coordinator or a price fixing scheme ANYWHERE on the 'net, please know that I don't endorse any sort of price fixing which I think reeks of the centralization of communism.

As an advocate for both Group Buyers and Group Sellers, I am NOT and CANNOT be associated with any price fixing scheme and the new GBC did *NOT* have my permission to endorse his price fixing plan.

Please state your opinions below about price fixing in general & how well economies planned around price fixing turn out, since someone didn't do their homework on Price Fixing & Competition Laws. I'm of the opinion that the market figures out what the price should be and we don't need a committee for that.