Energy, cellular phone, wide band and insurance companies offer clients discounts and overcharge continuing customers. Some people waste hours each year by switching to a different company; and the ongoing companies then have the added hassle of closing old and starting new accounts. This isn’t proper price competition and will not make the companies/the economy better, it wastes a load of your time just. Energy companies in particular enjoy generally a monopoly-cartel position and overcharge.
Problem a. is solved by banning new customer discounts i.e. planning on companies to offer the same price to new and continuing customers. This seems fair enough to me. Whichever companies have the best price/service shall gain market share naturally, as it should be. Problem b. is easily fixed with a cost cap.
- All mailpieces in a mailing statement must include a mobile barcode
- The operating cycle can never be longer than the cash conversion cycle
- 2-Liabilities:- company ke liye Increase (+) hoti he to Credit hoti he
- ► January (4)
- Managing for sustainability
It’s simple enough to set the price tag on electricity, gas, or drinking water so that providers make a reasonable return, and the original privatization was done on this basis. The most effective companies would be the most profitable still. I don’t observe how this pertains to mobile phones, broadband, or insurance, that is proper competition IMHO. Even if you’re a savvy customer who remember to switch insurance and energy providers every year and cancel your cellular phone agreement once you’ve …