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Best Buy screwed up on an online price for the tv. They canceled all the orders and corrected the price. I dont know about laws regarding this but will they be forced to honor the original $9.99 price? They did charge the customers who ordered it, but then refunded their money.


Maybe they can be sued or something for false advertising? I did not order the tv, just curious what you guys think will happen here.


"NEW YORK – Few if any of the deals retailers have offered online during the recession have been as good as Best Buy Inc.'s sale price of $9.99 on a 52-inch TV Wednesday. But it quickly turned out the offer was too good to be true.


The electronics retailer said it will not honor the $9.99 price posted Wednesday morning on its Web site for a 52-inch Samsung flat-screen TV. By early afternoon, the TV was listed at $1,799.99, almost half off the original $3,399.99 price.


Bloggers and Twitterers lit up the Internet with posts about the offer, some insisting Best Buy must honor it, others making jokes.


Best Buy, based in Richfield, Minn., said it has corrected an online pricing error and will not honor the incorrect price. Orders made Wednesday morning at the incorrect price will be canceled and customers will receive refunds, the company said.


Best Buy did not immediately return a call for additional comment.


Shares fell 27 cents to close at $36.50 Wednesday."

http://news.yahoo.com/s/ap/20090812/..._pricing_error
 

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Merchant sites typically have a disclaimer about pricing errors. I haven't looked at the BB site, but I bet they have something stated somewhere about mistakes. No way are they obligated to honor the $9.99 price.
 

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I actually placed an online order this morning for the ln52A650 when it was on sale for $9.99. I knew it was an obvious price mistake and Best Buy would never honor the order. Just thought it would be funny to place an order for a 9 dollar t.v.


If it was just a few people who got in before the price was fixed there might be a snowballs chance they'd get the t.v. But I'm sure Best Buy must have received several thousands of orders for it with people ordering several tvs at a time.
 

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I was on this and had an order placed. The site was really really buggy and all kinds of wired things kept comming up. "I would hit cart and it would just take me to the home page" Anyways they clearly say in the policy that items are subject to change without notice. For resons like this I guess. I kept checking back to to see what was up. First they took the tv off then put it back up and the price was fixed and said it was sold out. I knew I would never get it at $9.99 but tried anyways. oh well....
 

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I find it funny that some guy says he was going to talk to "his lawyer" to see if there is anything that could be done. His law firm "Dewey, Cheatem, and Howell" would probably tell the guy he has a case and for only $1000 he would get his day in court. Funny how everyone has a lawyer just for these cases.
 
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