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AngloScot | 16:09 Tue 04th Jan 2005 | How it Works
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The local off-license where I live is buying ASDA brand bread and selling it in their shop for 79p a loaf! Is this legal?

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Erm - I dont think so - trading standards!!!!
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Ok thanks I just wondered, its still a rip-off in my opinion.

The good old Capitalist System at work.......

Buy something as cheaply as possible and sell it on to whoever is stupid enough to pay the inflated price.

What`s illegal about selling your own property?   Presumably money changed hands, Asda`s happy, your off-licensee`s happy with his purchase, and whoever buys it will be equally happy.    Isn`t life wonderful?

its only a rip-off if they pretend its a better quality loaf of bread & charge accordingly.  as with all consumer transactions, no-one's forcing anyone to buy the item - if its cheaper at ASDA, go to ASDA for all your bread purchases.
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79p for a loaf of bread though come on thats more than double the price they paid for it! I agree with you all thanks anyway.
It's the price of convenience. If everyone decided to go to Asda and the litttle corner shop went bust, how people would complain and suffer when they needed the convenience. It's the same people who then complain that they're a bit more expensive than Asda.

 

Actually, when you buy the loaf from the corner shop, you are not paying for the product. What you are paying for is the convenience of not having to go to the hypermarket, pick the loaf off the shelf, queue up at the checkout and return home. The only question that you have to answer is " Is this convenience worth 40p or not" 

In the same way, it could be argued that when you pay �2 for a bag of potatoes, you are paying nothing for the product and �2 for the convenience. Why??

Well, for the same reason. You could dig up a potato, let it go to seed, plant the seeds, nurture feed and water them. In due course harvest clean and wash them. Total cost - zilch.

Difficult to see, therefore that any of this is a ripoff as you have the choice of either option. It only becomes a ripoff when a monopoly state exists and you cannot exercise choice. In a free enterprise system, monopolies don't exist for long as the market will intervene. ( Even with microsoft.... it's just a matter of time). What a wonderful system... long live capitalism!!

Yes it is legal.They bough the bread from Asda legit they didn't steal it.That bread that they have bought is now theirs.They can sell it at any price they want.

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