April 23, 2003

Perils of a not-so-free market

A Shanghai man is stuck with 32,000 pairs of shoes after buying them in an auction. He thought he had picked up a bargain when he successfully bid about £2 a pair for the Dunlop shoes. But then he learned he could not resell them because he was not an authorised dealer of the shoe company. . .

No retailer can sell the shoes in China without Dunlop's authorisation, Zuo was told.

From Ananova.

Posted by David on April 23, 2003 9:16 PM

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