burnthesheep wrote:
BobAjobb wrote:
That won't hold up in Europe or Britain.
Consumer protection laws mean the organisers are obliged to refund where they haven't delivered the 'product' paid for.
Just as airlines have been told to stop fecking about dodging refunds for cancelled flights.
Good ole US of A.
My thing about it is that if you extend the protections it ends up being that you could cancel for any old excuse at all and just pocket the money. "I just didn't feel like holding the event, so we cancelled it".
Sorry, but a line has to be drawn somewhere with taking on risk in a business. You're in business and that involves risk. I don't deem it good financial policy in the world to allow businesses to shift risk to consumers.
i don't see them as shifting risk to the customer, rather they're sharing the risk with the customer. they aren't saying - as i understand it - that your money is gone. they're saying your money is there, as a credit, toward a future race. that said...
as i have been writing for decades, the race industry is only equaled by the travel and the concert industries as offering a product in which you have no equity in consideration for your money paid. what IM is doing now is close to what i think would be good: it's at least giving you value toward a future purchase.
but what we've always needed is this - a deferral option - along with a sort of stubhub like secondary market. i had a discussion with a USAT executive about this just today.
but as to the practice here, this is no worse than your insurance company's force majeure clause in the exclusions. the business model of a company like this contemplates a normal business environment. if object to this approach, ok, but it's late. better to have done what i do, and just not enter a race you can't afford to take a risk on, because of an act of nature, or a war, or you lose your job, or you have triple bypass surgery.
Dan Empfield
aka Slowman