Tag: minimum pricing

Rethinking price wars: Disruptive forces are reshaping how they start, get fought, and get resolved | Simon Kucher & Partners

Rethinking price wars: Disruptive forces are reshaping how they start, get fought, and get resolved | Simon Kucher & Partners

Introduction Roughly half of all companies around the world think they are involved in a price war. In almost 90 percent of those cases, they think someone else started it. At the same time, losing lots of money no longer necessarily means you have lost a price war. It can mean that you have won […]

Increasing the price of tobacco by 5% reduces consumption by 3.5% | Medical Express

Increasing the price of tobacco by 5% reduces consumption by 3.5% | Medical Express

In a 30-year-old study conducted by social medicine expert Michael Kunze into pricing policy and tobacco consumption, it was found that increasing prices by only 1 percent reduces consumption by 0.5 percent. Under the guidance of the MedUni Vienna smoking expert, diploma student Richard Felsinger has completed an analysis of pricing policy for the years […]

Apple accused of counter-revolutionary pricing in Russia | The Register

Apple accused of counter-revolutionary pricing in Russia | The Register

Russia’s anti-monopoly regulator has taken a bite out of Apple, finding that Cupertino’s local outpost fixed iPhone prices in the country. The Federal Antimonopoly Service’s (FAS) investigation found that the company fixed iPhone 5 and iPhone 6 products in the retail supply chain. Not only does the FAS say Apple set retail prices for 16 […]

Your contact lenses are about to get less expensive | CNN Money

Your contact lenses are about to get less expensive | CNN Money

The world’s largest contact lens manufacturer has dropped its minimum pricing requirements, paving the way for looming price wars. Johnson & Johnson announced this week that it would discontinue its controversial unilateral pricing policy for its Acuvue brand contacts, a policy that has become the subject of a major court battle. Discount contacts retailers, especially […]

Johnson & Johnson Ends Contacts Lens Policy Amid Price Wars | ABC News

Johnson & Johnson Ends Contacts Lens Policy Amid Price Wars | ABC News

“The important thing is that we make sure we keep a regulated contact lens industry so patients have a safe experience with contact lenses,” said Millicent Knight, Johnson & Johnson’s vice president of professional affairs. But opponents say that contact lens makers want to stifle competition, and that hurts customers. Discount retailers took aim at […]

Marblehead Board of Health takes tobacco issues head on | Marblehead Reporter

Marblehead Board of Health takes tobacco issues head on | Marblehead Reporter

“There are some really big additional policy changes that I need to tell you about,” Redford told the board. Redford said there is a new pricing strategy aimed at keeping cigars and cigarillos out of the hands of young people. Communities have the authority to raise the price of a single cigarillo or mini cigar to […]

Alphabet Inc (GOOG)’s Google to Reduce App Prices in Upcoming Markets | Opp Trends

Alphabet Inc (GOOG)’s Google to Reduce App Prices in Upcoming Markets | Opp Trends

Alphabet Inc (NASDAQ:GOOG)’s Google has lowered the prices of apps in emerging markets as part of adapting to the economic conditions and affordability. Google’s price adaptations especially target the third world regions. The company has 1.4 billion Android users, and most of them live in developing countries in Asia, Eastern Europe, Africa and South America. […]

China province fines Mercedes Benz $56 mn for price fixing | Yahoo7

China province fines Mercedes Benz $56 mn for price fixing | Yahoo7

Beijing (AFP) – Chinese authorities fined Mercedes-Benz 350 million yuan ($56 million) on Thursday for violating anti-monopoly laws and price fixing, investigators said.” After an investigation, Mercedes-Benz dealers in Jiangsu province were found to have implemented a fixed minimum price for E- and S-class vehicle parts in violation of the anti-monopoly law,” said a statement […]

Pricing News Daily > 12/4/14

Pricing News Daily > 12/4/14

Pricing News Daily is a digest of top pricing strategy in the news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals. This Edition is Sponsored by: Wiser Wiser provides a complete suite of solutions to give retailers, brands, and manufacturers the edge to stay both competitive and most […]

Settlement reached in Steak n Shake franchisee suit | Indianapolis Business Journal

Settlement reached in Steak n Shake franchisee suit | Indianapolis Business Journal

Steak n Shake boss Sardar Biglari is so wedded to the company’s $4-meal strategy that, at many locations, the pricing is part of the permanent signage. Some franchisees have been just as entrenched, arguing in a wave of lawsuits last year that the Indianapolis-based chain overstepped its rights when it banned independent operators from setting […]