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NEWS: This Week in Pricing > 2/10/18

This Week in Pricing is a recap of the week's best pricing focused news, strategy expert and technology leader's thought leadership, industry news and events, and resources for pricing professionals.

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Top Headlines

Trump Will Reduce Prescription Drug Prices | Newsmax.com

Trump Will Reduce Prescription Drug Prices | Newsmax.com

President Trump announced during his State of the Union address that one of his greatest priorities is to reduce the price of prescription drugs. This is a topic that I have written about many times before, but in a limited fashion. Considering President Trump’s specific call to this issue, I thought a more thorough explanation […]

 

Bitcoin price: Here’s why Bitcoin is PLUMMETING today | Express.co.uk

Bitcoin price: Here’s why Bitcoin is PLUMMETING today | Express.co.uk

Bitcoin is having a bad year as it plummeted to a two month low of $7,8989.07 on Friday, according to CoinDesk.com. The cryptocurrency fell 11.75 percent to $7,989.07 at 12:09 in London. The global cryptocurrency market has had over $100 billion was wiped off the global cryptocurrency market in 24 hours on Friday. The total market […]

 

Bureaucrats, not doctors, are making healthcare so expensive | Washington Examiner

Bureaucrats, not doctors, are making healthcare so expensive | Washington Examiner

This bureaucracy also distorts necessary healthcare price signals at best, and engages in outright price fixing at worst. Clear and unfettered price signals would help keep prices down because they convey vital information for patients and providers. In a free market, a high price for avocados sends the message that first, avocados should be economized […]

 

Netflix adds a record 8 million subscribers | CNN tech

Netflix adds a record 8 million subscribers | CNN tech

The company’s stock popped over 8% in after hours trading Monday following the earnings report. If those gains hold, Netflix would open Tuesday at a new all-time high and top a $100 billion market cap for the first time. Shares of Netflix soared more than 50% in 2017, and have continued to rise in the […]

 

Amid debate over EU consumer price regulation, Visegrad Group staying the course | News Europe

Amid debate over EU consumer price regulation, Visegrad Group staying the course | News Europe

Consequently, the EC’s position on retail price regulation (along with capacity markets) calling o the Member States to limit and eventually abolish them altogether should not come as a surprise. The core argument is that regulated prices tend to be artificially low, reducing the scope of market competition and consumer switching, and dissuading private investment. […]

 

Super Bowl fans can expect high prices for trip to Minneapolis | Curbed

Super Bowl fans can expect high prices for trip to Minneapolis | Curbed

Crazy Airbnb prices have been getting a good laugh in the media leading up to the Super Bowl for a few years now, but even funnier, those opportunistic listings almost always go unbooked. Beyond Pricing, a tech company that uses data to help Airbnb hosts price their listings, says it usually sees a surge of […]

 

A Better Way to Disrupt Health Care | Bloomberg

A Better Way to Disrupt Health Care | Bloomberg

Amazon, Berkshire Hathaway and JPMorgan Chase say they’re putting their heads together to make health care better and less expensive for their employees. Just possibly, it’s a partnership that could disrupt the U.S. health-care system — in a good way. The market value of insurance companies and pharmacy-benefit managers dropped on the announcement, a sign […]

 

France Limits Supermarket Price Wars After Nutella Riots | Bloomberg

France Limits Supermarket Price Wars After Nutella Riots | Bloomberg

President Emmanuel Macron’s government Wednesday presented measures to rein in supermarket price wars in an attempt to strike a balance between farmers who claim they’re underpaid for their produce and consumers who are concerned with their purchasing power. The so-called “law for a balanced commercial relationship in the agricultural and food sector, and for healthy […]

 

Why lobster prices have stayed low in supply crunch | Undercurrent News

Why lobster prices have stayed low in supply crunch | Undercurrent News

The harvesters, processors and sellers of North American lobster are living in strange times indeed. Though the US and Canada, in 2017, saw their first decline in combined landings in nine years and global demand is continuing to surge, prices have managed to move forward by just a few inches. The price of whole live […]

 

FAS Russia questions transparency of flight ticket pricing | Realnoe Vremya

FAS Russia questions transparency of flight ticket pricing | Realnoe Vremya

The head of the Federal Antimonopoly Service (FAS) of Russia questions the fact that the pricing of flight tickets depends on automated systems ”We have definitely established that it is not automated” A careful look of the Antimonopoly Service turned to the airlines. The head of the FAS Russia, Igor Artemyev, at the ”government hour” […]

 

Paper: Pricing Best Sellers | Journal of Interactive Marketing

Paper: Pricing Best Sellers | Journal of Interactive Marketing

More reasons why online mass merchandisers are category killersOne of the great pleasures for book lovers of all ages is the opportunity to settle into a comfortable armchair amid the stacks of an expertly curated bookstore and peruse the pages of possible purchases. It’s an old story already that those opportunities are disappearing as online […]