The Morality Impact of Price War and Low Salary on the Chinese Delivery Industry’s Workers

In this case, the situation is a classic duopoly. Two shipping firms are in a price war over the market for containerized shipping to and from a small Caribbean island. The case presents a table of contributions to both firms as a function of their prices. This table serves as a basis by which the class can explore the concepts of Nash equilibrium, price leadership, and prisoner’s dilemma. It is also available with the case as a student spreadsheet (QA-0355X). See also “Lesser Antilles Lines (B)” (UVA-QA-0641) and “Lesser Antilles Lines (C)” (UVA-QA-0670).

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Methods of Data Collection and Analysis for the Price War Termination Experiment

Termination of Price Wars ◽

10.1007/978-3-322-81625-2_6 ◽

2003 ◽

pp. 139-180

Author(s):

Michael Bungert

Keyword(s):

Data Collection ◽

War Termination ◽

Data Collection And Analysis ◽

Price War

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quota for sale to Italy. The Italian buyers were unaware of any regulations imposing quotas; therefore, it was held that no term could be implied that the contract was subject to quota. Moreover, if one of the parties probably would not have agreed to the implication of the term, the court is unlikely to make the implication, even it it appears reasonable to do so. In Shell (UK) Ltd v Lostock Garage Ltd, the defendants had agreed to obtain their supplies of petrol and oil solely from Shell. During a petrol price war, Shell gave subsidies to some of its garages, but not to the defendants, at a time when independent garages were also offering subsidies. The defendants obtained supplies of petrol from another source. In an action by Shell to obtain an injunction, the defendants argued that a term should be implied that Shell would not abnormally discriminate against them. It was held that, as desirable as such a term might seem, one could not be implied, because Shell probably would not have agreed to it had it been suggested by an officious bystander: Shell (UK) Ltd v Lostock Garage Ltd [1977] 1 All ER 481, CA, p 486

Sourcebook on Contract Law ◽

10.4324/9781843141518-113 ◽

1995 ◽

pp. 284-288

Keyword(s):

Petrol Price ◽

Price War ◽

Do So

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CavinKare Private Limited (B): Entry into Soaps and Detergents Market

Indian Institute of Management Ahmedabad ◽

10.1108/case.iima.2020.000093 ◽

2007 ◽

pp. 1-13

Author(s):

Anand Kumar Jaiswal

Keyword(s):

Chief Executive Officer ◽

Market Entry ◽

Chief Executive ◽

Market Conditions ◽

Entry Plan ◽

Risks And Benefits ◽

Price War

CavinKare was planning to introduce soaps and detergents product in the market. Owing to the ongoing price war in the detergent segment between Hindustan Lever Limited and P&G, the company's managing director and chief executive officer were weighing the risks and benefits of entering the soaps and detergents market. They had to decide whether to enter the market or delay the entry. Another option was to abandon the entry plan altogether. The case discusses the dilemma faced by the company on market entry due to the changed market conditions.

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