Grinch Bots in Full Effect This Holiday Season
Posted by: Timothy Tibbetts on 12/06/2017 08:34 AM
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Grinch bots or cyber scalpers are buying out popular holiday toys with the goal of selling them at a premium.
U.S. Sen. Charles Schumer is calling on retailers to crack down on the "Grinch bots" that are spoiling the holiday season.
“Grinch bots cannot be allowed to steal Christmas, or dollars, from the wallets of New Yorkers,” Schumer said in a statement according to Democrat and Chronicle.
Schumer cited some popular toys this year that have soared in price on the secondary market, such as Fingerlings toys for as much as $1,000 and a Barbie Dream House for as much as $1,500.
Once an item is sold out in online stores, consumers are driven to eBay or Amazon where they are available at a premium.
NY, followed by the feds have put laws into place cracking down on ticket scalpers online, and they now are interested in creating similar laws for these so-called Grinch bots.
The problem here is it's mainly only enforceable in the United States. Last we checked, that leaves 194 other countries, some who encourage this sort of behavior.
We hope that people don't play along. Let these thieves hold on to all that inventory until they have to sell it - at a loss. Your kid doesn't need a $1,500 dollhouse. Invest that $1,500 towards a real house for her (or him if he likes dollhouses, not that there's anything wrong with that).
U.S. Sen. Charles Schumer is calling on retailers to crack down on the "Grinch bots" that are spoiling the holiday season.“Grinch bots cannot be allowed to steal Christmas, or dollars, from the wallets of New Yorkers,” Schumer said in a statement according to Democrat and Chronicle.
Schumer cited some popular toys this year that have soared in price on the secondary market, such as Fingerlings toys for as much as $1,000 and a Barbie Dream House for as much as $1,500.
Once an item is sold out in online stores, consumers are driven to eBay or Amazon where they are available at a premium.
NY, followed by the feds have put laws into place cracking down on ticket scalpers online, and they now are interested in creating similar laws for these so-called Grinch bots.
The problem here is it's mainly only enforceable in the United States. Last we checked, that leaves 194 other countries, some who encourage this sort of behavior.
We hope that people don't play along. Let these thieves hold on to all that inventory until they have to sell it - at a loss. Your kid doesn't need a $1,500 dollhouse. Invest that $1,500 towards a real house for her (or him if he likes dollhouses, not that there's anything wrong with that).
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