 Prices and ChoiceJohn Spicer, Chris Thurman, John Walters and Simon Ward Chapter 16 in Intervention in the Modern UK Brewing Industry, 2012, pp 184-194 from Palgrave Macmillan Abstract: Abstract As we have seen, the Price Commission found that between June 1974 and June 1977 ex-duty beer prices, at both wholesale and retail level, had fallen in real terms; and between December 1977 and May 1979 the Commission found little to object to in the price increases proposed by Allied Breweries, Bass Charrington and Whitbread. The first half of the eighties, however, following the abolition of price controls by the newly elected Conservative Government, saw beer prices — at least in the pub trade — rising significantly faster than retail prices generally. Thus the November 1985 Monopolies and Mergers Commission (MMC) Report into the proposed merger between Scottish & Newcastle and Matthew Brown showed that the average price of non-premium bitter in the public bar, excluding duty and Value Added Tax (VAT), had risen by 81 per cent between July 1979 and July 1985, against an increase of 64 per cent in the Retail Prices Index (RPI),1 a rise in real terms over six years of just over 10 per cent. Keywords: Fair Trading; Wholesale Price; Real Term; Brand Choice; Retail Price Index (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-35558-3_16 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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