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Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

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Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

#321

Earlier quoted context omitted.

> And everytime a judge ruled people had to bring the goods back or should pay the full amount. This is slightly different from what I remember, so can you link me an example? Last time I checked, the webshop must fulfill the order, unless the price is obviously wrong, and the webshop cannot force a return for something the customer has already recieved and paid for.

Here an example (in Dutch): http://uitspraken.rechtspraak.nl/inziendocument?id=ECLI:NL:G...

I don't see anything here where it says people had to bring back TVs. Seems like orders were unilaterally cancelled by the seller.

Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

#322

It’s kind of interesting- the asymmetry of moral expectations and entitlement. If you accidentally purchased a bag of M&Ms from Amazon for 500 dollars instead of 5, they will let you undo it. On the other hand, if the matter is reversed, Amazon is expected to be a good sport and take the loss — even if the purchase was made in bad faith (ie- knowing Amazon mis-priced it but purchasing it anyways.) I’m not going to en…

You seem to be operating under the impression that we as a society have the same expectations of people and of corporations. Let me be very clear: we do not. Corporations are allowed to operate at the pleasure of the people; I was going to say that they're effectively second-class citizens but they're not citizens, they're just a tool that we allow to exist. Because of that we put more burdens on them than we do on people.

As to the matter at hand specifically: one of those extra burdens we put on corporations vs what we put on people is: errors on the part of a corporation are not tolerable under any circumstances.

There are many such examples of extra burdens: I (this is EU-wide) can return stuff I buy online within 14 days of buying it without giving any reason, just because I feel like it and the seller pays the shipping. Why? Because as a society we decided that we have that right.

Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

#323

Earlier quoted context omitted.

This is because (at least in many shops in the EU) ordering does imply a sale, no contract has been made, it is only a notion of intent (which if you read the T&C in the order confirmation you'll find pretty often). The contract is only made when the company ships it, thus agreeing to the sale.

Actually the contract is in place when the order is confirmed. At least from EU webshops it's common to receive two mails, one for order received, another for order confirmed (potentially hours or even days later). This actually hit the spotlight recently in Spain as Dell advertised 1000-1800€ laptops for 29-35€ on their site[0]. Many people bought, received the first AND the second email around 5h later. If it wasn'…

My god Dell's webshop is a steaming pile of fun. I've only had to deal with being unable to order months on end - this sounds much more friendly!

Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

#324
post #317

It’s kind of interesting- the asymmetry of moral expectations and entitlement. If you accidentally purchased a bag of M&Ms from Amazon for 500 dollars instead of 5, they will let you undo it. On the other hand, if the matter is reversed, Amazon is expected to be a good sport and take the loss — even if the purchase was made in bad faith (ie- knowing Amazon mis-priced it but purchasing it anyways.) I’m not going to en…

> If you accidentally purchased a bag of M&Ms from Amazon for 500 dollars instead of 5, they will let you undo it. [citation needed] Audible (part of Amazon) started billing me silently for a subscription I did not use, for several years, after I had used a free trial. When I discovered it and canceled the subscription, I could see how around the time the free trial was converted to a running paid subscription, they…

> [citation needed]

You can cancel an order before it ships, and you can return items, can't you?

Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

#325
post #320
post #288

Earlier quoted context omitted.

> It’s kind of interesting- the asymmetry of moral expectations and entitlement. First, there is an asymmetry in power too. Amazon can afford to double check or triple check everything if it makes economic sense. Secondly, companies does not have morals. If you allow big corporations to change prices as they see fit because there is a "mistake". Companies will exploit that to their advantage with psychopathic precisi…

> First, there is an asymmetry in power too. Amazon can afford to double check or triple check everything if it makes economic sense. There's an asymmetry because Amazon can "afford" to double check everything? How? They lists millions of items. You're only in the market for a few. They're good at inventory management, but the scale is crazy which is why this mispricing is happening. Besides, I don't see why them "be…

Repeat after me: Amazon is not a person. Why aren't you arguing against the daily electrocution of toasters?

Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

#326
post #41

Earlier quoted context omitted.

In my ethical framework it is more than fine to take advantage of a mistake by one of the largest companies in the world. They'll take advantage of you if given the chance.

Corporations are owned by regular people, especially the larger they are. Their shares are in retirement accounts and college funds, etc. That must count for something?

Not only is this mistake immaterial to Amazon's bottom line in the first place, it is even less material to Amazon's stock price (which is almost entirely predicated on the future), and retirement accounts / college funds diversify enough that there is a lot of dilution happening here. I'm having a hard time picturing a retiree or future student as a victim...

Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

#327

It’s kind of interesting- the asymmetry of moral expectations and entitlement. If you accidentally purchased a bag of M&Ms from Amazon for 500 dollars instead of 5, they will let you undo it. On the other hand, if the matter is reversed, Amazon is expected to be a good sport and take the loss — even if the purchase was made in bad faith (ie- knowing Amazon mis-priced it but purchasing it anyways.) I’m not going to en…

The asymmetry stems from the fact that all parties are self interested.

Amazon seem to have decided to suck up this loss because it feels it's in their interest to do so.

We as onlookers in this situation can empathise with the lucky purchasers but our empathy would pretty quickly dry up if we discovered that this mistake would result in a cost to us.

Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

#328
post #208

Earlier quoted context omitted.

My price-matching experience is — consistently — that a manager is called over to okay a displayed competitor's price on my phone, and the manager simply gives the okay without questioning or validating. I've never had a competitor's price cross-checked. Based on this, I think I could cheat at least slightly if I were immoral.

I wonder why so many people use price matching? Why not buy it direct from the cheaper place?

There might be some added benefits or preferences e.g. extended warranty, insurance, physical location, loyalty towards a brand or accrued in kind via a scheme or membership etc.

Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

#329
post #317

It’s kind of interesting- the asymmetry of moral expectations and entitlement. If you accidentally purchased a bag of M&Ms from Amazon for 500 dollars instead of 5, they will let you undo it. On the other hand, if the matter is reversed, Amazon is expected to be a good sport and take the loss — even if the purchase was made in bad faith (ie- knowing Amazon mis-priced it but purchasing it anyways.) I’m not going to en…

> If you accidentally purchased a bag of M&Ms from Amazon for 500 dollars instead of 5, they will let you undo it. [citation needed] Audible (part of Amazon) started billing me silently for a subscription I did not use, for several years, after I had used a free trial. When I discovered it and canceled the subscription, I could see how around the time the free trial was converted to a running paid subscription, they…

FWIW Audible emails me every month to tell me have a new credit available. Possibly put in place after your experience; but it seems more like just "keeping people engaged in our service" is a better way to sustain subscriptions than hoping people forget about it.

And, not to victim-blame here, but I can't quite understand your response to mysterious charges that appear on your card every month. I try to understand where each and every transaction comes from; and if I were to get one I didn't understand several in a row, I'd call the credit card company to contest the charge / get the merchant blocked / get a new credit card.

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