SPA Pricing Education, Analytics & Decision Making Tools Webinar Series

Tag: Price Discrimination

Stentmakers want Centre to apply differential pricing | OptionsTip

Stentmakers want Centre to apply differential pricing | OptionsTip

The corresponding average MRPs before the price control stood at ₹45,100 and ₹1.21 lakh respectively. With the government rejecting applications from Abbott and Medtronic to withdraw their advanced DES, Medical Technology Association of India (MTaI) said if all the DES were treated as same on pricing front, then companies must be allowed to decide to […]

Travel dilemmas: Dynamics of pricing | TravelWireNews

Travel dilemmas: Dynamics of pricing | TravelWireNews

Simple supply and demand? Yes, but with a twist. “What’s happening is not new in the world,” said George Hoffer, a transportation economist at the University of Richmond in Virginia. Whether we’re talking about yield management, dynamic pricing or surge pricing (which you hear in connection with ride-sharing services), “it’s called price discrimination, and price […]

David R. Henderson, Why Predatory Pricing Is Highly Unlikely | Library of Economics and Liberty

David R. Henderson, Why Predatory Pricing Is Highly Unlikely | Library of Economics and Liberty

Introduction A widely held belief is that large firms with some market power can use their profits generated in particular markets to cut prices below costs in another market and drive out their competitors. Then, according to this belief, once the competitors are driven out, the large firms can raise their prices in that market […]

Why Water Pricing and Management in Singapore Needs to be More Ambitious | Brink Asia

Why Water Pricing and Management in Singapore Needs to be More Ambitious | Brink Asia

A recent poll in Singapore’s national daily, The Straits Times, showed that 75 percent of Singaporeans have no idea what their monthly water bill is. Yet, when the Singapore government recently announced that the country’s water price would be increased in two stages, they opened the sluice gates to a torrent of mainstream and social media comments […]

How to tell when Uber’s upfront pricing is overcharging you | Quartz

How to tell when Uber’s upfront pricing is overcharging you | Quartz

“Because Uber overestimates its initial fee, drivers are paid less than they are contractually entitled to,” the complaint states. Paul Maslo, a lawyer representing Dulberg, said Uber’s response is due April 24. Uber last year debuted “upfront pricing,” a new system in which customers agree to their fare before booking a ride. The model was […]

ComfortDelGro taxis to offer flat fares from next Monday | The Straits Times

ComfortDelGro taxis to offer flat fares from next Monday | The Straits Times

The flat fare option computes fares and flashes this ahead of a trip, taking into account the distance to be travelled and all existing surcharges, including the booking fee. “Once a flat fare is chosen, there will be no additional surcharges unless the passenger changes the destination point or makes unplanned stops along the way,” […]

Don’t stop taxi industry from adapting to competition: Ng Chee Meng | Channel NewsAsia

Don’t stop taxi industry from adapting to competition: Ng Chee Meng | Channel NewsAsia

SINGAPORE: Amid stiff competition from Grab and Uber private-hire cars, the local taxi industry should not be stopped from adapting to new market conditions, such as by introducing dynamic pricing, said Second Minister for Transport Ng Chee Meng in Parliament on Tuesday (Apr 4). Last month, local taxi companies were given the green light to […]

San Francisco commuters hit by Uber and Lyft surge pricing | Daily Mail Online

San Francisco commuters hit by Uber and Lyft surge pricing | Daily Mail Online

Trains from Oakland to San Francisco were delayed and suspended on Monday Commuters were forced to turn to Uber and Lyft to make their way into the city Many were furious when they found ‘surge pricing’ pushed costs up significantly Some said the trip that usually cost about $20 skyrocketed to as much as $110 […]

“Double” pricing – you know it’s time for action when the Thais start to complain | Inspire Bangkok

“Double” pricing – you know it’s time for action when the Thais start to complain | Inspire Bangkok

“Double” pricing like this has been going on for decades, of course. What is different in this case is that Thais themselves are feeling the pinch of the policy and are demanding action. The boat operators are petitioning the national parks authority to lower prices by a suggested 50%. The term “double pricing” has always […]

Outlets at Shanghai airports, Disneyland move to fair pricing | Easy Branches

Outlets at Shanghai airports, Disneyland move to fair pricing | Easy Branches

MORE than 60 chain stores and restaurants in Shanghai’s two airports and Disneyland on Wednesday vowed to keep prices on par with those in their other outlets in the city, following pressure from Shanghai’s price regulator. The Shanghai Development and Reform Commission said that it had received a great deal of consumer complaints that dining […]