Minimum pricing prompts better customer service

By Freedom Newspapers It might not sit well with Wal-Mart, Costco and some Internet retailers. But the Supreme Court’s decision last week to reverse a 1911 precedent and allow what is called minimum retail pricing or vertical pricing — or at least not to conclude automatically that such schemes violate antitrust laws — was a […]

Letter to the Editor: Gasoline pricing strategy long outdated

I have waited much too long to comment on the price of gasoline, so here goes. The 9/10 cent pricing practice was initiated at a time when a 1/10 cent saving per gallon of motor fuel represented a much larger portion of the total purchase price than is the case today. The industry-wide and unchanging […]

Government regs don’t have place in private business

Freedom Newspapers It’s delicious. Arizona Republican Sen. John McCain, media darling, reputed maverick and co-author of the restrictive McCain-Feingold campaign “reform” law that was supposed to make political campaigns free of “dirty” money, seems to have been caught with his hand in a corporate cookie jar. Seems Cablevision Systems Corp., the country’s eighth-largest cable company, […]

Variable pricing option earns criticism

By Tom Philpott: Military Update Despite congressional criticism, and charges by military associations of benefit tampering, the Department of Defense has hired consultants to do a quick study on use of “variable pricing” in base grocery stores. By law, commissary items are sold at cost plus a 5 percent surcharge, which is used to renovate […]