Quote:
Originally Posted by raulus
I get the argument that if my specific item is shilled such that it drives up the amount I pay, then I’ve been screwed and have damages.
What I’m less convinced about is the generally inflated market has caused me damages that I should be able to collect. As an analogy, just because some people are willing to pay $20 for a dozen eggs at Whole Paycheck doesn’t mean that I have damages because I pay $5 per dozen for mine at the regular Joe grocery store, even though the price for my eggs was influenced by the fact that some people pay a whole lot more for their eggs at Whole Paycheck.
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A price umbrella is a thing in economics/antitrust law. In other words, where dominant firms price fix or otherwise charge supra-competitive prices, the theory goes that customers of other firms are also harmed because those firms are able to raise their prices too. Is it hard to prove? Absolutely.