Klarinet Archive - Posting 000044.txt from 1997/08

From: DYungkurth@-----.com
Subj: Re: British pound -Reply
Date: Sat, 2 Aug 1997 20:03:41 -0400

Robin Fairbairns replied tto the following note:

> On the subject of British pounds, I noticed that in London the price of a
CD
> is about 60% higher than it is in the states. IOW, what is $14 here is 14
> pounds in the UK, and many of these CDs are produced in the UK. Why the
big
> difference?

>>I think it's to do with market size. And the fact that they seem to
>>be able to get away with it. (cut)

As an American who lived in England for two years (quite a while ago) I had
trouble understanding the high cost of things, whether imported or domestic.
My feeling is that England is a "seller's" market and the U.S. is a
"buyer's" market. On some items higher taxes also play a part, but I think
it is largely lack of competition.

Don Yungkurth (DYungkurth@-----.com)