Uber drivers are deliberately going offline in unison so that prices surge and they can charge customers more when they log back into the app, according to new research. Uber’s so-called dynamic pricing model means that it responds to supply and demand, increasing the cost of a trip at busy times such as when bars […]
Top U.S. chicken companies Tyson Foods Inc (TSN.N) and Pilgrim’s Pride Corp (PPC.O) said on Monday that Florida’s attorney general sought information from them regarding a probe into possible anticompetitive behavior, widening a legal review into chicken pricing. Florida Attorney General Pam Bondi’s office has opened an investigation into allegations made in civil lawsuits, filed […]
Accusations of collusion that have dogged the American chicken industry in recent months took a new turn after Tyson Foods, the country’s largest producer, said the U.S. Securities and Exchange Commission is investigating the allegations and sent it a subpoena. The company said Monday in a filing that based upon the limited information it has, […]
DO you know which day of the week is cheapest to buy groceries? Or which day is cheapest to buy whitegoods, cars and appliances? Spoiler alert: there isn’t one! So why is there a cheap day to buy petrol? If hundreds of petrol stations really are engaged in dog-eat-dog competition, why do they all raise […]
President Barack Obama and leading Democrats such as Senator Elizabeth Warren have expressed concerns about a broader decline in competition in the US economy. Last April, Mr Obama’s Council of Economic Advisors released a report that found growing market share concentration in industries such as transportation, retail trade and insurance, which it blamed for slowing […]
SINGAPORE — Petrol companies pass on about 70 per cent of wholesale petrol price changes to consumers, the Competition Commission of Singapore (CCS) said on Tuesday (Feb 23), and there is no evidence to suggest the four players here conspire to fix prices, although they do monitor and react to each other’s published prices. The […]
Even in the world of less-expensive generics, drugs aren’t necessarily cheap, and Lannett operates in some niches where it faces little competition, according to analysts. Lannett’s prices on cardiovascular and migraine meds more than doubled last year, with 150% and 124% increases, Fortune notes. In fact, its aggressive pricing has put Lannett under the Department […]
PND is a digest of pricing focused news, thought leadership, events, jobs, training and certification resources for pricing professionals. This Edition is brought to you by: The Perfect Price AI platform makes millions of pricing decisions for forward-thinking companies around the world. Our cloud-based service allows customers to quickly anticipate and react to changes in demand in […]
Epic Games issues V-Buck refunds for Fortnite ‘Birdie’ skin pricing error | Fortnite INTEL
The Birdie skin was offered briefly in the Fortnite Item Shop for 1,200 V-Bucks, which was 400 V-Bucks over the original price, and Epic has refunded those players. On April 14, Epic Games released the Birdie female skin in the Fortnite Item Shop for 1,200 V-Bucks, however, there was an error with the pricing. Fortnite […]
MindShare 2019 – May 14-16 | Zilliant
Want to Drive Profitable Growth in 2019? The B2B industry is consistently failing to capture hidden pockets of revenue and profit that can be uncovered today. Learn from industry experts on how to put an end to profit leakage for good. Zilliant MindShare welcomes you to our ecosystem of best-in-class partners and thought leaders. You […]
The Masters Tournament is one of the most prestigious events in sports Opens a New Window. , but fans who paid top dollar for entry badges can look forward to dirt-cheap prices at Augusta National Golf Club’s famous concessions stands Opens a New Window. . The Masters menu features traditional items such as pimento cheese […]
This Week in Pricing > 4/13/19
TWIP is a digest of pricing focused news, thought leadership, events, jobs, training and certification resources for pricing professionals. This Edition is brought to you by: The Perfect Price AI platform makes millions of pricing decisions for forward-thinking companies around the world. Our cloud-based service allows customers to quickly anticipate and react to changes in demand in […]
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