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Originally Posted by Greg Perkins
Re-selling is one thing, re-selling for profit is another. If I remember correctly, selling an item for originaly price is legal, but if the intent is to make a profit then that's where it becomes illegal.
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What these people are doing is distributing. They are on-official distributors of this product.
Distribution happens every day, in every city across the country. The company that employs the largest number of people in this country does the same thing. They buy something for one price, then sell it for another price. Like it or not, this is supply and demand... the root of healthy capitalism. Hurrrah Adam Smith!
It would be one thing if someone was buying out all of the bread and water right before a big storm as going to hit and then trying to re-sell the product for ridiculous prices after the storm tore up the town. Bread and water are necessity items, obviously. Buying a luxury item like this at one price and then selling it to a paying customer for a higher price is perfectly fine. No one NEEDS a PS3. The seller is providing a service to someone who was not as prompt and eager to stand in line.
Andy B.