In 2017, Best Buy had the following price matching policy posted to its Web site: At the
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In 2017, Best Buy had the following price matching policy posted to its Web site:
At the time of sale, we price match all local retail competitors (including their online prices) and we price match products shipped from and sold by these major online retailers: Amazon.com, Bhphotovideo.com, Crutchfield.com, Dell.com, HP.com, Newegg.com, and TigerDirect.com.
Is Best Buy’s policy likely to result in lower prices or higher prices on televisions and other products it sells in competition with Amazon and local brick-and-mortar stores? Briefly explain.
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