Price Fixing - Inputs on Issues

Dear Friends,

Price Fixing is something that Indian consumers suffer from quite often. When suppliers collude and agree to artificially raise prices to maximize profits, the consumer is negatively impacted.

Let us initiate a discussion on the price fixing issues consumers face. Please list everything you have experienced where you believe price fixing is at play,

Once we understand the issues across industries, we will root cause them and identify solutions that can be taken to the various Ministries and Departments for implementation.

Our objective would be to bring some systemic changes that will increase accountability and reduce consumer grievances.

I look forward to you inputs!

Rajendra Pratap Gupta more  

View all 39 comments Below 39 comments
First ensure sale of products at MRP rates at Railway stations, BUS standa Cinema theaters. There should be a toll free number to register all these product complaints , heavy penalty. Should be levied on defaulters more  
1. Cement Industry
2. Sugar Industry.
3. Petrol Industry.
4. copper Industry.
All the above industries are manipulative and FIXED by the Barons of the industry. more  
namasthe ji many various standing roots clear raise the way total all
metrials stand by the fix price possible 100 % send detail ji online is how
to a control possible govt very easy and strongest way way submit ji more  
Restrict the profit margin to control the inflation

I request our leaders , policy makers, law makers to restrict the profit margin of all the products and services. Undue profit margin unnecessarily increasing the inflation. Quality lifestyle and enjoyment, products and services to lower class and middle class is possible if profit margins are restricted by governing body. It also requires sincerity, honesty and integrity of governing body, implementers and businessmen.
I welcome comments on my post.

Sanjay Gupta more  
Taxation by State governments vary greatly; taxation is one of the major factors
in price fixation. What constituents are taken into account in fixing the maximun
retail price. It is a big joke in case of medicines. Government should investigate
how maximum retail price is fixed in respect of any product.
Once government increases the DA of its employees there is all round price increase
for most items. Another factor is the price of petrol and diecel. Once there is an
increase of say a rupee per litre of petrol, there is a 10% increase in the price of vegetables. How petroleum products are priced is another factor; government
should make a thorough investigation in the matter. Many big companies pay huge
salaries to their chief executive and other important executives, say a chief
executive is paid rupees eighty crores per year plus commission and other benefits
amounting several crores. And these companies sell their products ar exta-ordina-
rily high prices; say a packet of five kilo wheat atta at rupees 245/-. What is the
price of wheat a farmer gets. I think he gets less than Rs.15 a kg.

Anamolies are too many. I think this sort of situation has come in the country
mainly because of successive corrupt Congress governments. The task before the
Modi government is enormous. He needs several teams of think tanks to work
in various fields. more  
Post a Comment

Related Posts

    • Portable Oxygen cylinders

      During present times it is extremely difficult to get an ambulance in time during emergencies.Even if it comes in a reasonable time, it is difficult to get a bed in many hospitals. Under these circ...

      By Dilip Fulay
    • Refunds from e-commerce companies, airlines, railways for online transactions

      Many times, it has been seen that the e-commerce companies are taking a longer time to make refunds to the consumers due to failed transactions, order cancellations, etc. Recently two cases c...

      By S K Virmani
    • Titan Eye plus is making people fool by selling cheap glasses of very poor quality under the brand n

      Titan Eye plus is making people fool by selling cheap glasses of very poor quality under the brand name & with Expensive Advertising. I bought a so-called high-end EyeGlasses  from&nb...

      By Vivek Ranjan
    • Profiteering by Milk Dairies

      Since March 2020 the price of milk supplied in plastic pouches was further increased by 50 paise per half litre under the pretext that Dairies will collect empty plastic pouches and refund 50 paise...

    • Dark screen in Sony Bravia KDL42W700B. Can you help as no Service Support from Sony

      My TV Sony Bravia KDL42W700B is powering-on but the screen is dark grey and nothing is visible. I had tried Sony call centre but no one even picks up the call. Ultimately I had to send a mail whose...

      By Lalit Mathur


      By Dr.Sekhar Iyer
    • Warranty of POCO X2

      I ordered my phone on 19 March and it got delivered o 22 May. Shouldn't Flipkart extend the warranty of my phone.What should do, please help..

      By Krrish Singh
    • cancellation of air tickets

      We spent about Rs.32k+ for booking air tickets for 4 passengers using makemytrip. This includes an insurance amount of Rs.1,196. But when we cancelled due to cornovirus scare, they processed meager...

      By Ganesan Viswanathan
    • SBI reduced Saving Bank interest to 3% and Fixed Deposite Rates to 5.9%

      It seems the government has no control over Public Sector Banks whereas the State Bank of India has reduced the Savings Bank rate to 3% and Fixed Deposit rate to 5.9% for 1 year and above Fixed Dep...

      By Darshan Lal

      Misleading Health Product Ads may Fetch 5-yr Jail Term Advertisements promoting fairness creams, health drinks claiming improvement in height of children and products promoting anti-ageing rem...

    • Ranitidine Salt

      The ranitidine salt which is used for acidity is banned in India on the finding of American research company that it causes cancer. Every medicine if used in excess can give some side effects. It i...

      By Darshan Lal
Enter your email & mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

Please select a Circle that you want people to invite to.
Invite to
(Maximum 500 email ids allowed.)