Legal and Illegal strategies firms use to maximise their profits - 2019 by Daniel Crowe https://padlet.com/DanielCrowe/6b1apmj9e7yz 2019 en-us 2019-03-27 06:19:49 UTC 2023-01-21 19:39:01 UTC hello@padlet.com Examples of Multiple Branding DanielCrowe https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345558066 2019-03-27 06:19:49 UTC https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345558066 Examples of predatory pricing DanielCrowe https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345558067 2019-03-27 06:19:49 UTC https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345558067 Examples of price discrimination DanielCrowe https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345558068 2019-03-27 06:19:49 UTC https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345558068 Examples of firms engaged in different forms of cartel conduct - Collusion, price signalling, market zoning etc. DanielCrowe https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345558069 2019-03-27 06:19:49 UTC https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345558069 DanielCrowe https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345558093 2019-03-27 06:19:49 UTC https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345558093 DanielCrowe https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345558094 2019-03-27 06:19:49 UTC https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345558094 dan0034 https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345970799 Coca Cola owns multiple soft drinks including Fanta and Sprite which means that even though people may think they are different, the profit is added up although.  
 ]]> 2019-03-28 03:04:42 UTC https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345970799 PTV https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345970863 PTV prices mykis differently for specific groups of people eg. students, seniors. They also have different prices according to how long you need the myki for eg. daily, monthly, yearly pass.

]]> 2019-03-28 03:05:02 UTC https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345970863 uber https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345971436 Charges customers according to how wealthy the suburb they come from are. 


]]> 2019-03-28 03:07:35 UTC https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345971436 Movie Tickets https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345971923 Customers are charged based on their age. Seniors and children are charged less than those who fit within the adults age bracket

]]> 2019-03-28 03:10:14 UTC https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345971923 Airline Tickets https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345972091 Airline companies charge costumers differently based on the season, time of departure and day of the flight. For example, if you are going to Bali, the tickets while be more expensive in the summer.]]> 2019-03-28 03:11:12 UTC https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345972091 Amazon https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345972104 Amazon sells books for a lower price than how much they bought it for. Since consumers want lower prices, they will all buy from Amazon and competitors will be driven out of the market.]]> 2019-03-28 03:11:17 UTC https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345972104 Ice Skating - O'Brien Grou https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345972126 Different age groups are charged differently. Younger people are generally charged less. Bigger groups of people are also charged less than small groups of people]]> 2019-03-28 03:11:22 UTC https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345972126 Visy and Amcor packaging cartel https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345972508 Visy and Amcor who controlled 90% of the packaging/paper market collectively raised prices and coordinated quotes given to customers ]]> 2019-03-28 03:13:55 UTC https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345972508 Wesfarmers https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345972670 Wesfarmers owns many brands, including Coles, Kmart, Big W, Target, Vintage Cellars, Officeworks, Masters, Bunnings Warehouse, etc. This majorly decreases competition for them within the market and the overall profit is very high.]]> 2019-03-28 03:15:00 UTC https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345972670 Unilever https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345972759 The company Unilever produces a huge range of products from food and cleaning agents to beauty products.  Their brands include Dove, Vaseline, Axe Magnum, Ben and Jerry's, Lipton, Lux Sur
f and more. ]]> 2019-03-28 03:15:42 UTC https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345972759 Procter and Gamble https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345972823 P&G owns multiple brands including Gillette, Tide, Oral B, Head and Shoulders etc. ]]> 2019-03-28 03:16:09 UTC https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345972823 Facebook https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345972955 Facebook owns Instagram and Whatsapp]]> 2019-03-28 03:17:06 UTC https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345972955 https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345973285 Cotton On Group owns Cotton On Body, Cotton on Kids and Typo and Supré.]]> 2019-03-28 03:19:18 UTC https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345973285 Starbucks https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345973458 and many other coffee chains provide loyalty cards with discounts or rewards for people who regularly consume their goods. ]]> 2019-03-28 03:20:22 UTC https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345973458 Nestle https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345973484 Nestle is the largest food company in the world and its products range from baby food to confectionary to pet food. Their brands include Milo, Nescafe, Cheerios, DiGiornio and more. They have received much criticism for their unethical business practices, especially on the issue of child labour.


]]> 2019-03-28 03:20:28 UTC https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345973484 https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345973665 2019-03-28 03:21:45 UTC https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345973665 5 UK Firms fined for Cartel Behaviour https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345973718  Cover Bidding involves companies agreeing with each other to place higher bids intended to lose the contract.

UK firms Fourfront, Loop, Coriolis, ThirdWay and Oakley were fined 7 million pounds after admitting to the crime. 
]]> 2019-03-28 03:22:04 UTC https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345973718 Starbucks https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345973798 Starbucks owns multiple brands such as Ethos water, Teavana, etc.
 ]]> 2019-03-28 03:22:35 UTC https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345973798 International Students https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345974333 For universities, international students have to pay a higher price compared to domestic students.]]> 2019-03-28 03:25:50 UTC https://padlet.com/DanielCrowe/6b1apmj9e7yz/wish/345974333