Originally Posted by
Mos6502
I'm just going by the statement that Grant himself issued. Certainly other factors could have lead to the decision, but what he said was exactly what I quoted him saying.
You apparently missed it the first time, so here it is again:
His entire explanation is this:
He then drifts off into ideas for new bikes...
I don't understand that mentality at all.
If he set a price to QBP and that price was being paid then why would he be concerned if the end dealers discounted the bike?
Eventually the companies discounting would either sell out of stock or the sale would end and ballance would be restored. That sounds like price fixing to me.
That type of business practice usually backfires. The Bike boom in the 70's and 80's is a prime example and the lawsuits brought against Schwinn by their dealers when they couldn't compete.