At all times because price fixing reduces the need for competitiveness therefore there is less need to reduce costs and increase efficiency |
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Fixing prices Over and Above what could be termed standard market forces. |
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I do not think individuals should be punished - the business should take responsibility. Sometimes fixing at a low price (eg.loss leaders) is advantageous to the customer, and businesses should be ree to do this. However, I believe it would be wrong to |
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I think your suggested answers are too 'one size fits all'. If a product has gone up in price eg oil and petrol prices go up, that is fairer than hiking the prices regardless. It is th elack of fair profits that is so frustrating. 'Punishment' is diffi |
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If price fixing results in a disproportionate profit share between business and supplier |
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If prices have gone up or if it can be proved that it was their intention to force prices up even if it did not happen |
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If the fixing is to stiffle competition and/or to raise or keep prices at a high level. |
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They should be punished only when price fixing is purely for their own or corporate benfit. |
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When it is clearly not in the interest of the consumer, but in the interests of increasing the profits of the company. It just isn't right and unfair whether prices rise or fall. |
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Where they have been deliberately fixed to the detriment of customers |
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if price fixing results in poorer value for the consumer |
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only if prices have gone up and it has been unequivocally proven that this is due to price fixing |
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only when prices have gone up by over 50 percent |
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price fixing as an action should be banned. A fair price for all goods or services should be put in place |
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they should recieve one warning, then the book should be thrown at them. if a company does it, then they should be on probation with a full scale investigation on a second trasngression (paid for by the company). |
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when prices have been 'fixed' by competing companies at whatever level that is disadvantageous to the consumer |
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whenever price fixing has occured to the detriment of the customer - even when prices have not risen the result of fixing may be to maintain a no longer reasonable price or to regulate an unwritten agreement. to consider only price rises is naive in the e |
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where the price fix is detremental to the customer or where an oligopoly is formed and leads to super inflated prices and profits in order to squeeze out competition. |
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