Price fixing on stall market-how to business deal beside open market mafia? I've been selling on weel know bazaar in London.We sel vintage dresses

I've been selling on weel know bazaar in London.We sel vintage dresses and we label good profit.At the begining other vintage traders be very satisfied as they were buying sour us and still they were making right money.We do charge only lb 20.00 for dress and adjectives of them are genuine designer vintage dresses.The problem started when other traders outstandingly spreading information about us to unharmed market clich¨¦ that we are "kiling theirs bussines".Then they spoke with us demanding "price rise".As far as I know this is price fixing as we go the same product and I do not will to assist in this process resembling also I'm not going to be bullied or blackmailed.The management told us that we involve to understand that "they"are regulars traders and is better if we cooporate beside them.I found this unprofessional as they should be impartial.My quiz is-what you will do in this situation?

Answers:   If you can prove it somehow, the riskiest but most devastating response would be to expose them. Local medium go nuts for this munificent of thing. You could any leak it to a reporter or write a note to the newspaper.

A saner response is to stand your ground and keep up your prices. They'll either finally lower their prices to stay contained by business, or retaliate somehow.
i would get a mafia of my own to progress and just verbalize with the administration..dont worry.they'll get hold of the idea :-))
More question :
Small Business Q&A


Copyright 2009-2012 Small-Business-FAQ.com All Rights reserved.     Contact us