1 / 3

Ethical issues in pricing

Ethical issues in pricing. Rip-off Britain Wal-mart selling Pantene 27% cheaper, Pampers 11% cheaper Procter and Gamble, Heinz, Unilever, Coca Cola all accused of overcharging Principle of fairness in pricing Utilitarian thinking Value, worth and fairness Non-price increases

hedda-gardner
Download Presentation

Ethical issues in pricing

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Ethical issues in pricing • Rip-off Britain • Wal-mart selling Pantene 27% cheaper, Pampers 11% cheaper • Procter and Gamble, Heinz, Unilever, Coca Cola all accused of overcharging • Principle of fairness in pricing • Utilitarian thinking • Value, worth and fairness • Non-price increases • Discount pricing – Netto, TK Maxx, Aldi

  2. Ethical issues in pricing • Ethical pricing and the pharmaceutical industry • Oxfam; Medecin Sans Frontiere; United Nations • South Africa, Kenya and Brazil • South African govt vs 39 drugs companies • AZT - Burroughs Wellcome Co. • Year’s treatment by AZT $6500 • Cipla Ltd – generic substitute; without license/patent permission • High price justification

  3. Ethical issues in pricing • Research costs • Threat of obsolescence • Arguments against regulation by drugs firms • GlaxoSmithKline profits - £5.327 billion • Ethical questions • Summary

More Related