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anonymous

Most traders abiding by price control, says minister - 0 views

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    This article was interesting because it showed the producers responding to the price control that the government had set up. In response to the ceiling price, many traders started an illegal market where they charged more for a good.
Jacques DP

China NDRC: Fuel Price Cuts Go Into Effect Friday - 0 views

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    This article talks about China lowering the price ceiling for gasoline prices. The article gives justification for the price decrease. The article then gives an in depth explanation of the change and how that might have further economic impacts.
Nehir D

India plans to price-control 60% of pharma market - 0 views

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    Indian government has announced that 60% of entire domestic pharma market will be under official price control. The policies of National Pharmaceuticals Pricing Policy will cover 348 products on the 2005 National List of Essential Medicines (NELM) plus others added to the newly-updated List (NELM-2011), which includes some 450 products.The long-awaited draft policy would also change the way prices of controlled products are regulated. Under the current Drug Price Control Order (DPCO), prices are based on market share, but the government's draft policy proposes changing to a system of setting a ceiling on the prices of formulations based on the Weighted Average Price of the leading three brands.
Christopher P

14 items in price control list in view of Deepavali - 0 views

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    Ministry of Domestic Trade, Cooperatives and Consumerism director Wan Uzir of Malaysia announced (on November 8) 14 items that are price controlled by the government but are recommended to be sold at a price even lower than the maximum set by the government. These price controls, on items such as chicken and potatoes, are in anticipation of the nearing Holiday, Deepavali (Diwali) on November 13, mainly to protect consumers from potentially unmanageable prices.
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