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Supermarket Rip Off?
Comments
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Many thanks for your thoughtfull responses especially the critical posts. So glad I bothered to ask.0
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psuedonym2009 wrote: »Many thanks for your thoughtfull responses especially the critical posts. So glad I bothered to ask.
No need to cry because you didn't get the answer you wanted.0 -
Of course it's not illegal or someone would have prosecuted the supermarkets and (if the supermarkets haven't done anything to ensure that they are acting in accordance with the law), they would just be inviting people to sue them! It would hardly be a professional, viable business plan. Do you really think that the supermarkets don't know how to operate their businesses effectively?!
It seems that the applicable law would be under the Restrictive Trade Practices Act and the Resale Prices Act, which effectively make price-fixing illegal.
So if the supermarkets are colluding to artificially drive up prices, they're acting illegally. If they are just setting prices to whatever they feel like and don't have any agreement with their competitors to act against the best interests of consumers and the free-market economy, then they are free to do so.
How would you feel if, when you came to sell your house, the government told you that you were asking for too much and could only ask for 2/3rds of what you wanted or you'd be put in prison?0 -
Enfieldian wrote: »If you put as much effort into contacting Twinings regarding the issue as you have bleating on here and setting up that silly poll and you might get somewhere.
Here's an idea: Guess what? I already have, not that I wanted your opinion.
There I was thinking this site was for advice. Silly me.0 -
Of course it's not illegal or someone would have prosecuted the supermarkets and (if the supermarkets haven't done anything to ensure that they are acting in accordance with the law), they would just be inviting people to sue them! It would hardly be a professional, viable business plan. Do you really think that the supermarkets don't know how to operate their businesses effectively?!
It seems that the applicable law would be under the Restrictive Trade Practices Act and the Resale Prices Act, which effectively make price-fixing illegal.
So if the supermarkets are colluding to artificially drive up prices, they're acting illegally. If they are just setting prices to whatever they feel like and don't have any agreement with their competitors to act against the best interests of consumers and the free-market economy, then they are free to do so.
How would you feel if, when you came to sell your house, the government told you that you were asking for too much and could only ask for 2/3rds of what you wanted or you'd be put in prison?
Thanks for your reply. I wasn't implying collusion, merely bad practice. i.e. selling at obvious opportunist hyked prices and wondering if any others had had similar issues.
It seems his isn't the place for consumer rights questions, merely virtual kudos gaining "Thanks" for members profile advancement. I give up, they (the members) win, I have more interesting things to be doing.0 -
psuedonym2009 wrote: »
It seems his isn't the place for consumer rights questions, merely virtual kudos gaining "Thanks" for members profile advancement. I give up, they (the members) win, I have more interesting things to be doing.
Is that to go on the hunt for items that have on the front "a 50p coupon included inside" to then find its out of date once opened.0 -
I have had this before with products
Definately worth getting on to Twinings.0 -
psuedonym2009 wrote: »There I was thinking this site was for advice. Silly me.
If you had asked for advice you may have got some, instead you post a meaningless poll about opportunist price hiking.0
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