價格壟斷 Price Fixing


Price Fixing in Hong Kong 價格壟斷

Hong Kong likes to say it's a free market. But how free is a market where no law enforces fair competition? Economies of scale mean that chain stores and supermarkets can sell things cheaper than smaller organisations. And yet, when they don't want to sell cheaply, in circumstances where they dominate the market place, they have the clout to force smaller competitors to raise their prices. And here we were thinking that free markets guaranteed better deals for consumers.

1 comment:

  1. There is no such thing as "free market". It appears in text books only. The only freedom in the market is that people are free to come and go. Merchants are profiteering and they have no mercy on prices. Unless customers are organized in unity, the bargaining power is imbalanced.

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