Why is @sainsburys fuel 6p a litre more expensive in #Tonbridge than #Eastbourne ?pic.twitter.com/piRzEOtkmt
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No. I'm fine with a free market but is this one free? It's a question about fairness and regulation not a demand for price control.
Thanks for responding. Free markets price according to demand, supply and price elasticity. Pricing according to 'fairness' = control. 1/2
I would argue that the residents of tonbridge are wealthier on average than Eastbourne. So what's the 'fair' price differential? 2/2
But I suppose I can have no objection to our temporarily-not-MP trying to adjust local pricing elasticity by rattling a few cages. 3/2 (!)
Fairness is also about information. That's why I'm highlighting the differential.
Though interestingly you're in a much better position to influence end price as you control 65% of the number http://www.racfoundation.org/data/taxation-as-percentage-of-pump-price-data-page …
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