RE: Heinz v Tesco30 Jun 2022 13:09
It seems that views are being expressed that do not reflect the real world. Lets say I produce widgets and all my costs mean that my breakeven cost is £1. Now if someone wants to buy 1000 from me I may charge £1.50, but if someone wants to buy 1000,000 every month I may suggest a price of £1.10. But the buyer of 1000,000 ea. month may say they want to pay £1.05, a counter offer which I can agree to or maybe I will try to squeeze the price to £1.075 i.e. nearer my original ask of £1.10. If my widgets are then sold at my £1.075 with say 12 months of 1000,000 every month then if the buyer says that he wants more widgets, say 2000,000 each month, then provided my material and labour costs have not increased I may suggest his original ask of £1.05. None of this amounts to price fixing but is all about the Law of Contract offer and acceptance, and counter offers. Sorry for perhaps being boring with my explanation. JJ