On 8/9/07, Deepa Mohan wrote: > > The shop sells everything below the Maximum Retail Price (which I > think happens to be one of the biggest frauds perpetrated on a > consuming public). A one-kg pack of detergent, for example, costs >
I always believed Maximum Retail Price was a bad thing... (maybe it still is?) until I realized what happens in a few other countries. For example, in many African countries I find wild variations in price for the same item across 5 different shops - it turns out most shops overprice these goods for the sake of margins / target audience etc... (for example, a shop frequented by expatriates charges atrociously for a pack of cigarettes... while the same might be available in another place 25% cheaper......) I have seen a similar situation in Europe too.... So doesnt this MRP protect the consumer in some way?
