Consumers: Protection

(asked on 8th July 2014) - View Source

Question

To ask the Secretary of State for Business, Innovation and Skills, if he will take steps to prevent sister companies offering similar products to consumers at substantially different prices.


Answered by
Jo Swinson Portrait
Jo Swinson
This question was answered on 14th July 2014

The Government believes that the consumer is best served by the operation of open competition between companies, and does not generally intervene to regulate what businesses may or may not charge consumers for goods or services. Pricing policies such as these are commercial decisions for the trader, and are best left to the market. However, if there's evidence of collusion that is harming consumers, this should be provided to the Competition and Markets Authority, as the UK's independent competition authority, who will consider it for investigation in line with their prioritisation principles.

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