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Tag: price controls

Drug-Pricing Regulator Wants Medical Devices Added To Price Control List | NDTV Profit

Drug-Pricing Regulator Wants Medical Devices Added To Price Control List | NDTV Profit

India’s drug-pricing regulator has asked the health ministry to add four more medical devices to a list of products eligible for price controls to reduce costs to patients, which if agreed could be another blow to the country’s $5 billion-a-year medical-technology industry. The National Pharmaceutical Pricing Authority (NPPA) had said it did not plan further […]

Pricing Laws Violate Free Speech | Reason.com

Pricing Laws Violate Free Speech | Reason.com

Business lawyers answered that however the law may read, it’s only enforced when shopkeepers call the price difference a “surcharge,” rather than a “discount.” But there’s a deeper sense in which the New York law violates the Constitution: all price restrictions are limits on free speech. That’s because prices are just a way of conveying […]

New PCAP Regulation 2016 to benefit consumers in short-run, but price increases still imminent | BorneoPost Online

New PCAP Regulation 2016 to benefit consumers in short-run, but price increases still imminent | BorneoPost Online

KUCHING: The new Price Control and Anti-Profiteering (PCAP) Regulation 2016, to be fully effective in April this year, will benefit consumers in the short-run but price increases are still imminent. The research arm of Kenanga Investment Bank Bhd (Kenanga Research) had hoped for an easing of regulation on pricing matters with the expiration of the […]

Huge Price Hike on Old Lead-Poisoning Drug Angers Hospitals, Poison Control Centers | Managed Care Magazine Online

Huge Price Hike on Old Lead-Poisoning Drug Angers Hospitals, Poison Control Centers | Managed Care Magazine Online

A decades-old intravenous treatment for lead poisoning has hospitals and poison control centers seeing red after Valeant Pharmaceuticals hiked the price more than 2,700% in a single year, according to a report from STAT News. Valeant acquired the treatment––calcium EDTA––from another company in 2013. Before Valeant took over, a package of five vials cost $950. […]

Common Beliefs that Lead to Unprofitable Pricing | CFO

Common Beliefs that Lead to Unprofitable Pricing | CFO

The pricing of products and services is among the most critical decision processes in every business. Despite its importance, we find it is also one of the most misunderstood areas. There are two primary misconceptions that can be fatal: 1) Management has control over price; and 2) Pricing must cover all costs. Misconception #1 — […]

Politicians Should Remember the Power of Prices | Economics21

Politicians Should Remember the Power of Prices | Economics21

With the start of the presidential campaign season, Americans have another opportunity to demand more from our leaders. Candidates who appear to have forgotten need reminding: price controls never work. Instead, more basic reforms to our nation’s educational, legal, and regulatory systems are needed, to get our economy growing at its full potential again and […]

Task force for price control order for medical devices | ET HealthWorld

Task force for price control order for medical devices | ET HealthWorld

NEW DELHI: Even as the government is mulling regulating medical devices sector, a task force has recommended a separate price control order by putting them under the Essential Commodities Act. Once the devices come under the purview of the Act, the government can keep a tab on prices of equipment. The Task Force on Medical […]

Pricing News Daily > 3/17/15

Pricing News Daily > 3/17/15

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, business owners, creative professionals, and independent contractors. This Edition is brought to you by: Asia Pricing Professionals Asia Pricing Professionals (APP) is a not-for-profit community of pricing […]

The FCC Is Toothless and Feckless | The Tea Party Economist

The FCC Is Toothless and Feckless | The Tea Party Economist

Think of the FCC as the Securities and Exchange Commission. Think of every website or blog editor as a potential Bernie Madoff. How likely is it that the FCC will be able to enforce its rules? The FCC is trying to control pricing. It is setting up a system of price controls. When you hear […]

Pricing News Daily > 1/29/15

Pricing News Daily > 1/29/15

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: Strategic Pricing Associates SPA is the leading provider of pricing analytics to 100′s of complex companies of all types: manufacturing, distribution, equipment, […]