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German price controls

The following probably seems quite normal to any German reading this, after all we had price controls on practically everything here until July 2001 (Shops couldn’t offer products more than 3% under list price without breaking the law.). Even today there are still price controls for books, maps, and sheet music in Germany.

Quite frankly if you are not German, forcing companies to increase their prices in the middle of a financial crisis seems strange:

The German government has forced Dubai’s Emirates airline to charge more for business class tickets on flights out of Germany to destinations in Asia and South Africa.

Emirates said the “imminent threat of significant fines” had forced it to raise the price of business fares on routes including Frankfurt to Johannesburg, and Hamburg to Singapore by as much as 20 per cent.

Emirates have said the “anti-consumer” and “commercially nonsensical” policy is unfair and they plan to raise the matter with the European Commission. Good luck to them!

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