Originally Posted by
CPRich
Perhaps you answered my question - In Germany, it's illegal to raise prices? No such thing as supply and demand and market-based pricing? What are the laws and how do they control your prices? What applies to LH? Or have they never, even changed their FF program?
I thought state-controlled pricing was mostly a China/Russia/Cuba thing.
It is perfectly ok to raise prices in Germany based on supply and demand besides in some regulated spaces, e.g. medical care, electric power/gas/water utilities and public transportation (but not airlines or the German railways, only local municipality owned transportation) which need approval from the regulator for price increases, books and magazines or renting out living space (I think you are only allowed to raise the rent 20% during a 3 year period and only once in 15 months.)
For all-most all of the other things normal market-based pricing applies.