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Mark-up of beer prices too steep: Case

Watchdog's surveys find most F&B outlets charging more than expected

Published on Mar 13, 2014 8:41 AM
 
Among those that hiked up their prices, two outlets run by food chain operator Kopitiam registered the steepest price increase. -- ST PHOTO: SEAH KWANG PENG

Two separate surveys have shown that most food and beverage vendors in various parts of the island have marked up their prices of beer beyond the calculated excise duty of 41 cents.

Only three of the 23 vendors surveyed on the price of a 633ml bottle of Tiger Beer, which was chosen for the surveys, did not raise its price beyond 41 cents.

Among the vendors which hiked up their prices, two outlets run by Kopitiam, the biggest food chain operator here, had the steepest price increase.

Its outlet at Serangoon North Ave 3 had a price increase of $1.30 for a bottle of Tiger Beer, from its original price of $5.50.

 
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Background story

SEEKING RECOURSE

If there are suspicions of anti-competitive behaviour, such as collusion among retailers or coordination of prices initiated by trade associations, a complaint can be filed with CCS.

- Spokesman for the Competition Commission of Singapore (CCS)