We need an auction house

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robmafia wrote:

...price fixing involves REAL prices for REAL transactions.

you're complaining about FAKE prices and NOT transacting.

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price fixing also NEEDS collusion - ie: you need your COMPETITORS involved in it.

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the complaints here are factually NOT about price fixing.

again, the irony is overwhelming.

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kentrylix wrote:

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robmafia wrote:

...price fixing involves REAL prices for REAL transactions.

you're complaining about FAKE prices and NOT transacting.

No one would fake the prices under the current system if it wouldn't be an effective way to make a quick currency. So yeah, there are transactions happening.

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kentrylix wrote:

[

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price fixing also NEEDS collusion - ie: you need your COMPETITORS involved in it.

No, price fixing actually means whatever it takes to fix the price.

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robmafia wrote:

https://www.ftc.gov/tips-advice/competition-guidance/guide-antitrust-laws/dealings-competitors/price-fixing

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Price fixing is an agreement (written, verbal, or inferred from conduct) among competitors that raises, lowers, or stabilizes prices or competitive terms.

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wiki
Price fixing is an agreement between participants on the same side in a market to buy or sell a product, service, or commodity only at a fixed price, or maintain the market conditions such that the price is maintained at a given level by controlling supply and demand.

The intent of price fixing may be to push the price of a product as high as possible, generally leading to profits for all sellers but may also have the goal to fix, peg, discount, or stabilize prices. The defining characteristic of price fixing is any agreement regarding price, whether expressed or implied.

Price fixing requires a conspiracy between sellers or buyers. The purpose is to coordinate pricing for mutual benefit of the traders. For example, manufacturers and retailers may conspire to sell at a common "retail" price; set a common minimum sales price, where sellers agree not to discount the sales price below the agreed-to minimum price; buy the product from a supplier at a specified maximum price; adhere to a price book or list price; engage in cooperative price advertising; standardize financial credit terms offered to purchasers; use uniform trade-in allowances; limit discounts; discontinue a free service or fix the price of one component of an overall service; adhere uniformly to previously-announced prices and terms of sale; establish uniform costs and markups; impose mandatory surcharges; purposefully reduce output or sales in order to charge higher prices; or purposefully share or pool markets, territories, or customers.

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https://www.investopedia.com/terms/p/pricefixing.asp
What is Price Fixing

Price fixing is setting the price of a product or service, rather than allowing it to be determined naturally through free-market forces. Although, antitrust legislation makes it illegal for businesses to fix their prices under specific circumstances, there is no legal protection against government price fixing. In an ill-fated attempt to end the Great Depression, for example, Franklin Roosevelt forced businesses to fix prices in the 1930s. However, this action may have actually prolonged the downturn.
BREAKING DOWN Price Fixing

A business fixes price by colluding with one or more of its competitors to buy or sell goods and services at an agreed price. These companies usually fix prices at a horizontal or a vertical price. Horizontal price fixing occurs when companies decide to fix prices or price levels for a good or service at a premium or a discount.

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https://www.merriam-webster.com/dictionary/price-fixing
Price fixing is an agreement among businesses to sell the same product or service at the same price.

How It Works

Price fixing involves the cooperation among two or more business competitors to set or stabilize a price for a product or service. It may involve setting a minimum price, setting a maximum discount on price, agreeing to buy supplies at an "agreed upon" maximum price, agreeing to a standard set of charges or surcharges for a product or service, or even agreeing to a set rate of production of a product. In any case, it involves an agreement that disrupts open market price competition.

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andreicde wrote:

If you ignore RobMafia's arguments (which are non-sensical to say the least) an Auction House would work fine. How you may ask? You will not need to deal with fake items listed and afk people.

You want an item? Buyout option, get the item right away.

You want to sell an item? Add a buyout price .

It would be same as right now except you ignore the bs afk players/douches on DND .

The only ones losing would be people fake listing items and scamming newbies. I suspect Mafia is one of the latter, which would explain why he is so much against it.

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kentrylix wrote:

I've thought that it's pretty obvious that developers are forcing shitty trade system to sell more stash tabs. This has to be their main source of income in this F2P game.

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kentrylix wrote:

There is literally no other reason that makes any sense at all. As long as you've got control over servers and software - you can do anything.

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MortalKombat3 wrote:

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kentrylix wrote:

I've thought that it's pretty obvious that developers are forcing shitty trade system to sell more stash tabs. This has to be their main source of income in this F2P game.

Then they could add "AH stash tabs" for sale and earn lots of $$$.

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kentrylix wrote:

There is literally no other reason that makes any sense at all. As long as you've got control over servers and software - you can do anything.

I think, they're just too lazy to bother with AH, that's it.