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The Competition Bureau is Wide Awake: Hudson’s Bay Company to Pay $4.5 Million for Deceptive Advertising and Pricing Practices of its Sleep Sets | Lexology

The Competition Bureau is Wide Awake: Hudson’s Bay Company to Pay $4.5 Million for Deceptive Advertising and Pricing Practices of its Sleep Sets | Lexology

Hudson’s Bay Company has agreed to pay an administrative monetary penalty of $4,000,000 and $500,000 towards Competition Bureau costs to resolve a proceeding which started in 2017 relating to Hudson’s Bay Company advertising and pricing practices for its sleep sets The Competition Bureau (“Bureau”) initially took legal action against Hudson’s Bay Company (“HBC”) in 2017, […]

A new study sparks a war of words over pharma’s commitment to research | STAT

A new study sparks a war of words over pharma’s commitment to research | STAT

WASHINGTON — A coalition of the drug industry’s fiercest foes is accusing the world’s top drug makers of hiding behind research and development “as an excuse for price-gouging American patients.” And they’re pointing to a new study that finds drug makers spent about 22% of their revenues on research and development in 2017 to prove […]

Pharma stocks crash after US lawsuit over price manipulations | The Economic Times

Pharma stocks crash after US lawsuit over price manipulations | The Economic Times

The office of the attorney general of Connecticut unsealed documents, that ET has a copy of, which reveals initials and titles of individuals implicated in the conspiracy, industry “code words” and previously undisclosed emails from drug companies “brazenly discussing strategy to violate federal and state antitrust laws”. The Indian generic makers named in the lawsuit […]

Beshear Files Claim Against Drug Manufacturers for alleged Price Gouging | SurfKY News

Beshear Files Claim Against Drug Manufacturers for alleged Price Gouging | SurfKY News

FRANKFORT, Ky. (5/13/19) — Attorney General Andy Beshear filed two lawsuits seeking to recover ill-gotten gains from 23 drug manufacturers that skyrocketed the prices of more than 100 prescription drugs including those used to treat diabetes, epilepsy and cancer. In Franklin Circuit Court, Beshear filed suit against three of the largest insulin manufacturers, Eli Lilly, […]

Just how much might Apple owe you for inflating the price of iPhone apps? | Los Angeles Times

Just how much might Apple owe you for inflating the price of iPhone apps? | Los Angeles Times

A divided Supreme Court ruled Monday morning that iPhone users can sue Apple for allegedly abusing its control over iPhone app sales to inflate the price of those ubiquitous nuggets of software. In doing so, however, the justices left open the vexing question of how to calculate the damage Apple inflicted on its customers. That […]

President Addresses Surprise Medical Billing, Patient Protections | Patient Engagement HIT

President Addresses Surprise Medical Billing, Patient Protections | Patient Engagement HIT

May 13, 2019 – The healthcare industry has renewed its commitment to address surprise medical billing, with the White House and key industry leaders asserting a need for policy to end the practice. Surprise medical bills are healthcare charges that a patient did not expect, or did not expect to be so high. Patients often incur […]

‘Avengers: Endgame’ fans spent almost $30 million on AMC’s cinema snacks in 2 days (AMC) | Markets Insider

‘Avengers: Endgame’ fans spent almost $30 million on AMC’s cinema snacks in 2 days (AMC) | Markets Insider

AMC showed the three-hour Marvel movie 63,000 times in the US over a four-day stretch — over 20,000 times more than its previous biggest opening. The film also sparked a surge in applications to become A-List members — the top membership tier of AMC’s Stubs loyalty program. The group now has more than 787,000 A-List […]

Webinar: Successful Price Increases using Market Insights | PriceBeam

Webinar: Successful Price Increases using Market Insights | PriceBeam

Digitalization is everywhere of course. But whereas some industries are 100% digital from birth, others are still transforming from traditional consumer or industrial products to more of a digital service industry. Regardless of where your industry and company is on the digitalization path, pricing practices are severely impacted. Digitalization means increased transparency, more information,  as well […]

Cirque official: Acrobats still part of the act; ‘MJ One’ to stay | Las Vegas Review-Journal

Cirque official: Acrobats still part of the act; ‘MJ One’ to stay | Las Vegas Review-Journal

Cirque is opting for “dynamic pricing” in its ticket strategy: Such discounts as 40 percent off for “Love” or 2-for-1 deals for “Zumanity” are results of demand for tickets across all Cirque shows. “We did not have this until after 2012, when we found it was a little bit more difficult for us in this […]

New On The Vegas Strip: Dynamic Pricing, Robots, Shows and More | PlayUSA

New On The Vegas Strip: Dynamic Pricing, Robots, Shows and More | PlayUSA

2 – DYNAMIC PRICING AT MGM RESORTS PROPERTIES On their most recent earnings call, MGM Resorts said that they plan to use dynamic pricing at their Las Vegas properties. Dynamic pricing isn’t a new or unique concept. Companies continuously adjust the prices of goods and services based on supply and demand with this pricing model. […]