Two UK watchdogs have warned pharmacies they should not be overcharging customers for in-demand items including face masks, hand sanitiser and paracetamol. With face masks compulsory on public transport and increasing numbers of people returning to work, these products remain in high demand but in a joint letter to businesses, the Competition and Markets Authority
Musical instrument firms Roland and Korg fined £5.5m over UK price fixing | Competition and Markets Authority
The keyboard and electric drum kit makers Roland and Korg have been fined a combined total of £5.5m, as part of the UK competition watchdog’s crackdown on price fixing across the musical instrument industry. The Competition and Markets Authority (CMA) said the companies had breached competition rules by restricting online discounting of their musical instruments.
The price of high-demand food and sanitary products has risen sharply in online shops over the past month as the coronavirus crisis mounts, according to official figures. In an early sign of rising living costs across Britain during the pandemic, prices in a basket of high demand products compiled by the Office for National Statistics,
A quick sift through the offers on a price comparison app and it is easy to see which websites have what appear to be the cheapest deals on electronics and other goods. Many of the best offers come from abroad, particularly Asia, and the savings look generous. Take the newly launched Samsung Galaxy Buds Plus.
The entrance to a Macy’s department store. Jeffrey Greenberg | Universal Images Group | Getty Images Macy’s said Tuesday that Chief Financial Officer Paula Price will be leaving the company, effective May 31. The company said an external search is underway for Price’s replacement. It also said Price will remain an advisor to Macy’s until November.
The price of cough and cold medicines bought online has jumped by almost 11% after an increase in demand during the coronavirus outbreak. The Office for National Statistics said the cost of over-the-counter cough and cold treatments had increased by 10.7% between 16 and 29 March. The online price for a basket of “high-demand products”