alt Hacker NewsThe invisible hand of the market has been handcuffed a bit here though. Though I imagine this will simply show up as higher cost rather than blanket inavailability.
The invisible hand of the market has been handcuffed a bit here though. Though I imagine this will simply show up as higher cost rather than blanket inavailability.
If a charity sets up a ‘returned product classification’ flow and issues tax credits to companies donating their return flow to the charity, then companies can simply shunt returns to charity and lower their costs in triplicate: 1) changeover of return provider replaces expense with deduction; 2) compliance with EU regulations costs shipping to charity; 3) charity provides itemized receipts for compliance and further tax credits. Of course, companies won’t actually lower their prices to reflect the net reduction in costs, but it will certainly strip away the excuse that they must raise costs.