Sony and Samsung Enforce Minimum Pricing Policy

It looks like the days of retail stores competing for low prices are coming to an end. Today, both Sony and Samsung announced that they will be enforcing minimum pricing for all their HDTVs. This means that the TV will retail for the same exact price, no matter what retailer you purchase it from. This not only eliminates competition between the retailers, but also eliminates the resulting lower retail prices. Sony has already stated that companies who don’t adhere to the minimum pricing policy will have their financing cut off. Given the heavy losses that were reported both companies last year, many wonder if this move is a good idea or not. There is also the possibility that this policy cou... »read more

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