Various negative consequences but off the top of my head:
- Any regulation needs to be written, read, analyzed, made sure to comply with, defend in court, etc. which costs money.
- I might want to be very generous and voluntarily take back items from my legit customers because I find out it was good for business, but also have mechanisms in place to prevent abuse by a small minority of bad customers (restrict a subset of products, limits on the number of purchases you can return, etc). Once you codify it in law, it forces my hand in many ways, increasing prices making experience worse for my good customers.
- The regulation may change and the retailer may need to suddenly adapt to comply.
- It may not hurt those particular stores, but prevents cheaper competitors from emerging, which is a bad thing.
To show this whole thing is kind of stupid, where does "two years" come from? Some asshat in European parliament? Why not twenty years? Why not two months?
- Any regulation needs to be written, read, analyzed, made sure to comply with, defend in court, etc. which costs money.
- I might want to be very generous and voluntarily take back items from my legit customers because I find out it was good for business, but also have mechanisms in place to prevent abuse by a small minority of bad customers (restrict a subset of products, limits on the number of purchases you can return, etc). Once you codify it in law, it forces my hand in many ways, increasing prices making experience worse for my good customers.
- The regulation may change and the retailer may need to suddenly adapt to comply.
- It may not hurt those particular stores, but prevents cheaper competitors from emerging, which is a bad thing.
To show this whole thing is kind of stupid, where does "two years" come from? Some asshat in European parliament? Why not twenty years? Why not two months?