3 ms·

That is not what price fixing actually is. In the UK "price matching" is a one-to-many relationship meaning that the price of goods is set to the "lowest availa

• varispeed 3mo ago
  You are arguing semantics. Effect is the same.
  • vablings 3mo ago
    The effect is literally the opposite of what was described. It provides a downward pressure on pricing and it's all open. If you think a private agreement to fix the price at an artificially inflated level is the same as a public offer to lower the price based on competitors, I have little hope for any business venture you may partake/undertake
    • varispeed 3mo ago
      It cuts both ways. Downward pricing can be used to remove competitors who cannot give up that much of margin.
      • vablings 3mo ago
        That's a different argument to what you first stated. Regarding price consumers are not as one dimensional as you are led to believe.