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Tag: Pricing Policies

EU Commissioner Warns Companies of Potentially Unlawful Use of Pricing Algorithms | The National Law Review

EU Commissioner Warns Companies of Potentially Unlawful Use of Pricing Algorithms | The National Law Review

Commissioner Vestager’s speech comes amidst increased enforcement into online practices and mirrors the concerns and recent enforcement activity by national competition authorities.  In August 2016, the UK Competition and Markets Authority issued an infringement decision against two online sellers of poster and frames for using automated re-pricing software to implement their price-fixing agreement. The German […]

Pricer’s Points: The idea of an energy price cap could damage the energy markets | Lord Redesdale

Pricer’s Points: The idea of an energy price cap could damage the energy markets | Lord Redesdale

The recent hikes in energy prices, has led to the government contemplating price caps, because as they have said, the energy markets are not working. This idea was widely derided when Ed Miliband announced the Labour policy of a price freeze out of the blue in 2015. Even though Labour where not likely to be […]

Minimum liquor pricing bill to get hearing at State Capitol Tuesday | FOX 61

Minimum liquor pricing bill to get hearing at State Capitol Tuesday | FOX 61

HARTFORD – Governor Dan Malloy is popping the cork on a proposal to get rid of minimum prices for alcohol in the state. He announced a legislative proposal Monday to repeal the current law which forces package stores to sell alcohol at prices put in place by liquor wholesalers. Malloy argues this will give more […]

Gov. Malloy Proposes Bill to Eliminate Minimum Alcohol Pricing Regulation | NBC Connecticut

Gov. Malloy Proposes Bill to Eliminate Minimum Alcohol Pricing Regulation | NBC Connecticut

Gov. Dannel Malloy has submitted a proposal to eliminate minimum price laws on alcohol. Under the current law, which was adopted in 1981, retail stores must sell alcohol at prices set by liquor wholesalers. The governor said this law results in unnecessarily high prices for consumers. According to the governor’s office, Connecticut is the only […]

Sugar pricing: time for a sweeter deal? | CGA Peach

Sugar pricing: time for a sweeter deal? | CGA Peach

Turbulence in sugar pricing has led to challenges in the foodservice’s supply chain lately. And as the new Foodservice Price Index from Prestige Purchasing and CGA Strategy shows, there is more change—both positive and negative—still in store. As we shared in my blog post last week, wholesale price rises are being particularly keenly felt in […]

12 cans of Heineken for €20? This is how minimum pricing could affect your pocket | thejournal.ie

12 cans of Heineken for €20? This is how minimum pricing could affect your pocket | thejournal.ie

The new Public Health (Alcohol) Bill has been under consideration by the government since late 2015 but has not yet been enacted. It is a far-reaching bill with new legislation on aspects such as minimum pricing, advertising and product labelling. Last week, we took a look at the impact the law’s advertising restrictions would have and, […]

SGX, Tullett Prebon to launch spot pricing index for Middle-East, India LNG markets | The Straits Times

SGX, Tullett Prebon to launch spot pricing index for Middle-East, India LNG markets | The Straits Times

The Middle East and India region in particular has seen a boost in spot trade, but lacks an accepted price marker and market participants are often relying on tenders for price discovery, said Tullett Prebon. Those hedging physical exposures have limited options, and are using Far East LNG and/or UK oil and gas benchmarks to […]

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 […]

Minimum pricing among new alcohol laws facing wine lovers | The Irish Times

Minimum pricing among new alcohol laws facing wine lovers | The Irish Times

The Public Health (Alcohol) Bill currently working its way through the Oireachtas could have profound effects on the way we drink. Minimum pricing makes some sense to me, although a ban on below-cost selling might be more effective. However, we already have some of the most expensive alcohol in Europe, so obviously price alone will […]

Power price hikes force job cuts | news.com.au

Power price hikes force job cuts | news.com.au

BSL General Manager Joe Rea said: “This is the second time in three years we’ve had to curtail production on a large scale because of uncompetitive electricity prices. BSL is paying more than 500 times more than what it costs to generate electricity. “The decision to curtail production is a very difficult one. It takes […]