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UK Data Service variable record for:

Public Attitudes to Price Fixing in Britain, 2007

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LabelCan you think of a situation where you feel fixing prices should NOT be punished? Please type in the space below. If there is no situation, please type in ‘NONE’ or if you don’t know, please type in ‘DK’.
Responses
'DK' 3
'DK'. 1
.................... 1
A situation at the moment would be the price of milk - a price should be agreed to give dairy farmers a fair rate ( as M&S and Waitrose ? have done) 1
Any situation that benefits the customer or the businesses' supplier. I think it would be great if supermarkets agreed to fix prices for basic foods (vegetables, milk, bread) that allowed the farmers to be paid a living wage 1
Book selling 1
Busses make a good example. In a price-regulated market, vital services can be prevented from folding, and a socially acceptable price set. Different companies, as far as competition is possible at all, can compete on quality of service. 1
Charity sales 1
Charity shops, when small businesses do not realize they should not be engaging in proce fixing. Educate people for a first offence and bring in punishment for repeat performances. 1
D.K. 1
DK 217
DK I'm not sure that price fixing should be punished at all. 1
Dairy farmers have their prices fixed by supermarkets with delitory affect. Co-ops and other groups trading as a single entity even if sole supplier. 1
Fixing prices should never be decided by firms, only by regulatory authorities to ensure fair prices and to prevent firms from earning excessive prices through overcharging their customers. 1
For charitable businesses 1
For energy suppliers, but only where their pricing policy is open, transparent and reasonable compared to costs. I firmly believe that energy suppliers should be owned by the government as a non profit making exercise. 1
For medicines and other essential/necessary items for pensioners 1
For small businesses, or those businesses which provide a public service or not privately owned. 1
For something like high factor suncream or any health substance if that kept the price low, price fixing need not be a HIGH PRICE but could be a low one. 1
Gas, Electricity and Water 1
Gold 1
Government imposed price regulation of some services like public transport, energy prices, other utilities, basic everyday necessities - this is why privatisation was such a wrong decision - pricing of essential services is now left in the hands of corpor 1
Houses 1
I a competitive market I think that downward pricing is far more likely that upward fixing. I cannot think of a case where this latter occurs so punishment does not seem relevant. 1
I am sure there must be a price fixing situ ation as you describe but can't think of it. 1
I certainly can, the first step would be a world wide tax/benefit scheme emanating down from the World Bank (though obviously without the present corrupt leaders) for the benefit of those billions of human beings, treated as slaves, by the few but with th 1
I suppose a Rawlsian approach might justify price fixing, if it is to the greatest benefit to the least-advantaged members of society. It's hard to think of a scenario, but I suppose it might make scarce but important resources more widely available. 1
I tend to think that the old method of a RRP where the manufacturers not the retailers set a price which was usually adhered to by all retailers was reasonably successful. Without it we now see even big retailers not making enough profit to be successful 1
I think there are occasions where it can be harmful to the supplier (eg dairy farmers) if prices are fixed too low. In this case, fixing prices at an acceptably high price should not be punished. 1
If Government imposed for the good of the Nation/business 1
If I did it. 1
If companies agree to lower prices and fix them at that level - eg. drug companies agreeing lower prices for developing countries 1
If fixing is in public interest 1
If it definately for the good of the customers 1
If it is an industry important to the community and is under threat of extinction. In the case any price fix should be decided by the government, not the business. 1
If it is still below average 1
If it meant goods would be sold at lower than cost 1
If it really is good for the customer or if a real shortage of the commodity. 1
If it's for 'fair trade' prices. 1
If prices are cut for important items like medicines. 1
If prices are made lower and no-one is losing out ie manufacturer or supplier but all goods should be sold for what they are worth 1
If prices are to be fixed artificially low to encourage shoppers 1
If the commodity being sold is an essential item, and the price is fixed at a low level so that anyone who needs the product can afford it. 1
If the fixed price is less than previously charged. 1
If there is a situation where prices are fixed artifically low for the public good or to help a certain section of society, or for charity, or where a loss is being made which is subsidised - sorry, difficult to pick one off the top of my head. 1
If they are fixed at a low rate 1
If this results in a better deal for the customers. 1
If utilities companies work together to keep prices down. Chance would be a fine thing! 1
In a field such as energy, where competing suppliers agree to charge a low rate to the elderly, disable, etc, or in such essentials as water, where central governement should fix a nationwide price and not allow greedy shareholders and directors to rip o 1
In Nationalised monopolies 1
In agriculture,if the producers in this country got more money out of it.Also OK if for fair trade products from third world countries. 1
In certain conditions in overseas trading when the 'rule of business' in that country dictates that 'special' payments should be made. ie ex gratia payments to local partners or the ruling government. Holding the high moral ground in such instances is p 1
In permitted cases of market adjustment where there is social good involved. 1
In the case of a charities trying to sell products? 1
In time of war. 1
In very general terms, the only possible excuse for price fixing is to protect the interests of the customer (safety, security, high standard etc); there may also be an argument in favour of price fixing in order to ensure returns to, for instance, a perf 1
It all depends on the item/s, or services. I think it all depends on the situation and the information what is actually known. 1
It could be something fixed very low by Government for a special reason. Prescription charges would be an example of this though I would not regard them as 'low'! 1
It is acceptable to charge a fixed price,only if (as some energy suppliers have done)you accept a fee charge to guarantee a lower charge for a fixed period,when otherwise costs would have risen.THIS IS A USEFUL TOOL FOR SOMEONE ON A TIGHT BUDGET,ENABLING 1
Large Businesses should be prevented from selling products at a loss in order to put their smaller competitors out of business and then raise prices without fear of competition. 1
MOrtgage redemption fees in line with the FSA 1
Mass market products, such as Windows Software, which has no real competition. A fixed price agreement per country, would probably make sense. 1
Maybe to ensure that farmers or milk producers can get a fair deal 1
Mortgages, power supplies 1
NHS Medicines or Equipment 1
NONE 134
NONE unless it is to fix prices lower than the usual price 1
NONE, including governments imposing politically motivated taxes to distort the market against certain industries. 1
NONE. 1
National Emergency 1
National emergency 1
No 4
No - cartels are always wrong and must be punished severely. 1
Non profit organisations, where they are benefitint society by keeping prices artifically low 1
None 87
None - if prices are fixed at a high rate, the consumer loses out, if prices are fixed at a low rate, the manufacturer loses out. 1
None - market forces should be free to operate 1
None :( 1
None including when governments force it 1
None it is wrong 1
None. 3
Not in universities, although there should be a discount bias in favour of real subjects. We should make students of silly subjects pay more, in order to cut the numbers wasting their time on such courses. 1
Only if a price were to be fixed 'low' by some sort of governmental decree 1
Only in cases of war or national emergency and where rationing is in force. 1
Only when these companies have got together because of others greed. If their price fixing results in lower prices than the neighbouring businesses that have become too greedy then I personally would commend them rather than punish them. 1
Only where the price is fixed down 1
Only where there is a maximum price set. 1
PRICE FIXING ON EXPORTS. SCREW EUROPE IN THE SAME WAY THEY ARE SCREWING THE UK. 1
Pharmaceutical products that are not covered by prescription charges 1
Price fixing can be good for things like a loaf of bread, milk, newspapers and similar basics, so that customers know how much they need to budget. These are everyday purchases, and customers would be more aware of a sudden hike in prices, and not be caug 1
Price fixing for the cost to OAPs to keep it the prices down 1
Prices can justifiably be fixed by a popular-democratic government. 1
Public services 1
Several companies may get together to LOWER price - With intention of efffecting others to do same. The product may be of great benefit to humanity and they are acting in every ones interst - MEDICINES may be a good example 1
Some non-prescription drugs 1
Sports events 1
The kind of beneficial arrangement where several businesses agree to sell to particular customers at a price lower than they sell to the main market for semi charitable purposes. 1
The only scenario I would be comfortable with would be in an area such as pharmaceuticals where prices are fixed at cost to give maximum exposure to those who need it. 1
The problem is a paradox; I would like fixed prices for fair trade goods and all goods produced by poorer nations to ensure their workers are being paid a fair wage but then how can you ensure the money goes to the workers and not someone else? This only 1
There should be no price fixing between businesses 1
To make public transport cheaper so that more people will use it. 1
Train travel 1
When a large Supermarkedtchain such as Tesco set up in a small town and are aggressively cheaper than the small retailers in the area. It would be acceptable for the smaller businesses to arrange some sort of retaliatory price adjustments in order to ca 1
When a service is owned by the state and operated to serve people rather than to maximise profit for shareholders. 1
When agreement on prices allows the prices to remain low. Price fixing is an emotive term, agreeing prices is not necessarily wrong and I believe it is very frequently done for good reasons, eg. pharmaceuticals to ensure sufficient return on massive R and 1
When government determines a minimum price 1
When government have intervened to deliberately fix prices low 1
When independant traders band together for the betterment of the community as a whole, and not for themselves. 1
When it is for the better in the long-term, such as keeping key workers (i.e. teachers, health care professionals, etc) from leaving the region. 1
When it is in the public interest. But the price fixers would need to demonstrate this. 1
When it might be in the public interest because for example the product might be harmful to health, and high cost would be a deterrent. 1
When it would be detrimental to the producer of a good or service - for example, if imported milk would undercut the price of UK milk to the extent where UK farmers were forced out of business, having a bad impact on the countryside, or similar 1
When items are a penny each everywhere 1
When keeping products at a 'at cost' price 1
When officially recognised to achieve a socially desirable object e.g support for traditional food production, support small businesses 1
When prices are rising beyond the rate of inflation. Possibly in the housing market and/or the energy market to ensure the more vunerable can cope. 1
When pricing is at cost so that those on low incomes are helped to be able to afford that particular commodity (the example is HIV drugs in Africa) 1
When the price as been lowered! 1
When the prices are fixed to benifit the persons producing the goods i.e. Fairtrade 1
When the prices are lowered 1
When the pricing is not controlled by the company - eg. the price of oil 1
When there are great differences between countries standard of living 1
When third-world suppliers are being exploited by big firms (eg. Tesco) to produce goods cheaper for the UK market. 1
When used to stabiise or subsidise (if via government intervention) the price/market in essential commodities. 1
When you are buying something in aid of charity. 1
Where an essential resource is in short supply. 1
Where it is done in order to give fair price to producers 1
Where it is done to reduce search costs for consumers, and where it is done to guarantee fair prices for workers, producers, consumers and those in other industries 1
Where it is essential to encourage research or protect intellectual property. 1
Where it is in consumers interest, i.e keeps prices at an affordable level for the average person 1
Where it is of obvious benefit to customers. 1
Where prices are fixed by an independent regulator, e.g. OFWAT. Possibly where price fixing is coupled with improvement in conditions of trade with producers, i.e. fair trade deals. 1
Where prices are kept low. But they should not make the prices low if it puts fairtrade farmers out of business or in the case of chocolate, causes traffic and slavery of children. 1
Where safety is involved i.e. Lifeguard salaries. 1
Where the benefit of that fixing is in the interest of the customer/ Nation. I.E possibly fuel prices... 1
Where the companies agree on a MAXIMUM price only 1
Where the customers can afford to pay but lower prices would leave the seller in financial difficulty 1
Where the fixed price is of benefit to both the consumer (i.e. fixing keeps the price lower than it would be) and to anyone trying to enter the market (i.e. a fixed low price doesn't act as a barrier to entry to a new business). Hmm, I suppose there's a g 1
Where the price is capped by Government or regulator 1
Where the producers would barely scrape a living without such deals, such as Fairtrade and similar third world producers. 1
Where there is adeqate competition within the market place that has not fixed prices or where the goods or services are not essential (i.e. luxary items, not essential items like water or food) 1
Where there is limited supply and the fixing of prices ensures that the quantity demanded does not exceed the supply available. 1
Where there's a minimum support price necessary for the continued production of a commodity, for food security or for employment security, and the price should be fair to the producer and at least cover the cost of production. 1
`NONE` 1
a minimum price should be fixed so that large companies can not 'make a loss' to get customers and hence pricing out the smaller firms and competition 1
air fares. I think that fixing prices is unfair as it should be dependant on the airline and what facilites they offer in order to offer customers a choice 1
all situations there should be no punishment. It is down to the customer whether they buy or not 1
by fixing prices to stop prices rising on gas and electric when the price of oil rises due to a conflict the companies should absorb this 1
capping energy prices 1
charity raffle tickets 1
chemist selling drugs 1
clear national interest 1
d k 1
d/k 1
difficult to if we are in a competetive market place 1
dk 153
dn 1
dont know 2
driving fines 1
food, clothing 1
for charity events 1
for public services which might otherwise be unavailable for vurnerable people, e.g postal charges, local pharmacies 1
h 1
health and safety issues 1
here prices are fixed at a low level in order to helppeople e.g. prescription charges 1
if all agree to put items on sale at a reasonable profit so that they are not ######## the customer 1
if bird flu became passed from human to human drugs and treatments should be sold to government at a low rate 1
if by working together & therefore placing joint larger orders the prices can be lowered 1
if charities are involved 1
if critical commodity prices are escalating beyond control and prices are fixed so as NOT to rise e.g. petrol prices if oil prices shoot up. or e.g. bread prices fixed from rising if there were to be a wheat shortage 1
if i was selling something 1
if it goes to charity a proportion of the profit 1
if it helps generate more employment in a deprived area 1
if it is to keep prices down 1
if utility companies agreed a fixed price that was not inflated it would ensure that their was a consistant price eg for gas/electric across the country and be fairer to people especially on a fixed income wherever they live 1
in an imperfect market, if to the benefit of the customer, if by government rather than the businesses. eg setting a maximum for a vital service in a new market or where supply is limited. good example is NHS dentistry 1
in situations where the original supplier of the item could suffer from free market, eg book price-cutting, which hurts independent booksellers and writers of non-mass-market books. 1
in the health service...for medication or where the price is fixed by an independant body of people 1
independent schools fees charges 1
it should not be allowed on any occasion 1
its never correct 1
keeping essential services prices down 1
massive reductions 1
morgages 1
na 2
no 13
none 275
none. 1
not if the price is lower than their original price 1
not sure 1
ok 8
only for products like newspapers where a retail price is imposed to stop big supermarkets undercutting smaller, remote businesses 1
only if prices were to come down 1
only if the profit of all companies is slight. 1
please God it may happen occasionally that organisations fix lower prices to consolidate their position with respect to their sources of supply which are over-charging 1
possibly in generic drugs for third world markets (fixing the price low) 1
prescription charges 1
prescription medicines 1
price fixing should only be punished is the action is detrimental the the customer 1
price of bread 1
profits going to charity 1
small items like 1p sweets 1
third world products 1
to keep out unfair foreign competition 1
to maintain a status of differing companies selling products 1
unfortunately,it happens all the time - and it SHOULD be punished 1
when a customer has agreed to a price fix or a capped price for a specified length of time 1
when both shops are selling the item at the lowest price they can possible sell it at to get customers a good deal but also ensure they make profits. 1
when companies bring down prices together in the interest of cutomers 1
when it benefits customers 1
when it could be shown that any extra profit was being entirely re-invested to improve the service to customers and not to boost divident payments to shareholders 1
when prices are fixed so that initial workers get paid a fair price for their work and all the profit does not go to the retailer e.g 'Fairtrade' goods 1
when they make things cheaper 1
where a price is fixed to ensure survival of a marginal business which may otherwise go bankrupt, but with a short term fix will allow survival and a sesation of the price fix at some future point in time 1
where companies agree to charge a lower price to the benifit of their customers such as in public transport smae fare for same distance etc 1
where it actually works in the consumers favour 1
where it has resulted in lowering a price 1
where prices are fixed to stop them rising 1
where the price has been fixed to protect outside suppliers. e.g. 'Fair Trade' or Farmers supplying basic essentials 1
where there is no competion 1
yt 1
DisclaimerPlease note that these frequencies are not weighted.
LocationPublic Attitudes to Price Fixing in Britain, 2007