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- Title
THE DEVELOPMENT AND INCIDENCE OF DELIVERED PRICING IN AMERICAN INDUSTRY.
- Authors
MUND, VERNON A.
- Abstract
The article offers information on how the delivered pricing in the U.S. industry is developed. It investigates how free on board (FOB) clause quotes the prices of basic commodities, when their purchases were made either from shipping directly from the producing mills to the fabricator or from nearby mills for resale to consuming industries or consumer buying. It highlights how the rapid extension of rail lines had given smelters and larger mills, the facility of transportation. It informs that geographically separate mills had generated various forms of discriminatory pricing by making direct sales to local buyers at high prices and reducing prices on sales in other areas, to make big profit. It further focuses on cooperative and systematic and sporadic price discrimination.
- Subjects
UNITED States; DELIVERED pricing; F.O.B. clause; MARKET pricing; UNFAIR competition; PRICE discrimination; TRANSPORTATION; RAILROADS; RESALE value
- Publication
Law & Contemporary Problems, 1950, Vol 15, Issue 2, p141
- ISSN
0023-9186
- Publication type
Article
- DOI
10.2307/1189846