Selling Your Gear May Be Outlawed!

[Summa]

Your right to sell your used gear may soon be in jeopardy!

http://www.marketwatch.com/story/your-right-to-resell-your-own-stuff-is-in-peril-2012-10-04

 

[jimbugg]

I'm going to go ahead and bet I can still sell whatever of my stuff I want to sell.

 

[fenderball]

interesting...

 

[gohabsgo22296]

Would only apply to items made outside of the USA, and since this is TGP, 90% of the seller's guitars here would be A-OK.

 

[RockDC]

...who comes up with this crap?

 

[690MBCOMMANDO]

Just what the economy needs, less liquidity

 

[DGTCrazy]

"The author has no idea what this case is about. The Law only applies to goods manufactured in foreign countries for sale in foreign markets. It does not apply to goods manufactured overseas for sale in the United States.

**Quoted source from the OP's website.


And this is ALL a result of an American Company (Wiley) charging U.S. Citizens (mostly College Students) substantially MORE for books then they do in Asia/Europe and abroad. A smart college kid from Asia has his parents import a bunch of the books from Thailand to the U.S., then he sold them from $1.2 Mil, prompting Wiley to file the Lawsuit.

 

[Carbohydrates]

Yeah this is some seriously hysteric and fear-mongering 'journalism' and, seeing the responses here, it's working. The real meat of the article is after all the hyped-up BS. This part:

The case stems from Supap Kirtsaeng’s college experience. A native of Thailand, Kirtsaeng came to America in 1997 to study at Cornell University. When he discovered that his textbooks, produced by Wiley, were substantially cheaper to buy in Thailand than they were in Ithaca, N.Y., he rallied his Thai relatives to buy the books and ship them to him in the United States.

He then sold them on eBay, making upward of $1.2 million, according to court documents.

Wiley, which admitted that it charged less for books sold abroad than it did in the United States, sued him for copyright infringement. Kirtsaeng countered with the first-sale doctrine.