surcharge

Examples of surcharge in the following topics:

• Price Fixing

  • They might agree to sell at a common target price, set a common minimum price, buy the product from a supplier at a specified maximum price, adhere to a price book or list price, engage in cooperative price advertising, standardize financial credit terms offered to purchasers, use uniform trade-in allowances, limit discounts, discontinue a free service or fix the price of one component of an overall service, adhere uniformly to previously announced prices and terms of sale, establish uniform costs and markups, impose mandatory surcharges, purposefully reduce output or sales in order to charge higher prices, or purposefully share or pool markets, territories, or customers.
  • The fine was imposed after BA admitted to the price fixing of fuel surcharges on long haul flights .
  • BA maintained that fuel surcharges were "a legitimate way of recovering costs. "

• Consumer Penalties

  • Other forms of penalties can exist as fees or surcharges.

• The Nixon Shock

  • In order to stabilize the economy and combat the 1970 inflation rate of 5.84%, President Nixon imposed a 90-day wage and price freeze, and a 10 percent import surcharge.
  • By December 1971, the import surcharge was dropped as part of a general revaluation of the major currencies, which thereafter were allowed 2.25% devaluations from the agreed exchange rate.

• Illegal Price Advertising

• Mixed Economies

  • It also served as the economic model during the later part of the Great Depression, World War II, and the post-war economic expansion (1945–1973), though it lost some influence following the tax surcharge in 1968 and the stagflation of the 1970s.