The Economist reports
on the UK's consideration of introducing a minimum price for alcohol. Not surprisingly, the idea is supported by medical associations and the police. The policy is also supported by pub owners, which initially seems a bit odd. The explanation: prices in pubs are already above the proposed minimum price, so the floor would only affect sales made in competing outlets like grocery stores.
This assumes that the consumer is willing to substitute the pub environment for the ability to drink at home. Could this possibly just lead to consumers switching their purchasing behavior to higher tiered brands at grocery stores?ReplyDelete
Skin flushing and nausea are the two commonest unpleasant signs and these signs can be completely kicked-out by the intake of this medicine.ReplyDelete