Mexican consumer law helps man snag $28,000 earrings for $28 after Cartier pricing mishap
PBS News Hour - Segments
PBS NewsHour
4.1 • 1K Ratings
🗓️ 29 April 2024
⏱️ 2 minutes
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| 0:00.0 | The words Cartier and bargain are almost never said in the same breath, but the legendary |
| 0:06.4 | French jeweller has been forced to extend an enormous discount to one man after he claimed |
| 0:11.6 | an error allowed him to buy two pairs of earrings for just |
| 0:14.9 | $28,000 that were supposed to sell for nearly $28,000. |
| 0:19.8 | Ellie Pitt of Independent Television News has more. |
| 0:23.0 | Designer jewelry doesn't come cheap. |
| 0:29.0 | Unless of course you find it online for much lower than it should be. That's what happened to Rogelio Villarreal, who was browsing Cartier's website |
| 0:40.4 | when he spotted these diamond encencrusted earrings for 237 Mexican pesos. |
| 0:47.0 | That's around 11 British pounds. |
| 0:50.0 | He bought two pairs, who wouldn't, before the price was quickly corrected to 237,000 pesos, or just over 11,000 pounds. |
| 1:02.0 | According to Rogelio, Cartier then tried to back out of the deal, |
| 1:08.0 | but he asked Mexico's Consumer Protection Agency to get involved |
| 1:12.0 | and they ruled in his favour. |
| 1:15.0 | So how did he do it? |
| 1:17.0 | Well Mexican consumer law requires businesses to sell their products at their listed price. |
| 1:24.0 | If they don't, customers can file a complaint and send proof that they bought it at that |
| 1:28.7 | price but haven't received it. |
| 1:31.9 | At this Central London jewlers, they say there's no doubt he got a bargain. |
| 1:37.0 | You are paying for the brand name you know like when you walk into somewhere and you leave with a |
| 1:40.8 | Cartier ring there's that brand history you're |
| 1:43.4 | paying a carier ring there's that brand history you're paying a little bit for prestige |
| 1:44.5 | I mean he got very lucky I'd like to see his uh |
... |
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