Word: beuc
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Dates: during 2000-2009
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...However, European consumer group BEUC says Intel has wrought enough damage to warrant a collective court action for compensation. "Consumer choice is the heartbeat of a competitive economy," BEUC Director General Monique Goyens said in a statement. "Intel should be liable to compensate the victims of its illegal practices. Consumers have been paying too much for their computers and they should be compensated...
...Such tactics may help fatten corporate profits, but they hurt consumers, says Ilaria Passarani, health policy officer at the European consumer organization BEUC. "These measures represent a huge cost for patients and healthcare systems," she says. "These major drug companies should be focusing on innovative medicines, but this report says they actually spend 23% of turnover on marketing and promotional activities, a third more than the 17% they spend on research and development...
...concentration and feeble cross-border competition added up to "a rather gloomy picture." Consumer groups put that view more sharply. The specter of further consolidation among Europe's utilities "can only reinforce our worries regarding the actual level of competition in the market," says Dominique Forest, economic adviser to beuc, the Brussels-based European consumers' organization. Forest thinks the Commission should be "more proactive" in preventing market dominance. Unveiling an evaluation report on the sector last month, Kroes conceded that Europe's gas and electricity markets were still dogged by "real market distortions" that stiff the consumer. "Take this...
...prices of many big-ticket consumer durables, such as automobiles and refrigerators, remained stable or fell, the cost soared for many everyday services--hairdressers, cafés, parking meters. "They may not amount to a large part of people's budgets, but they are very visible," says Jim Murray of BEUC, a Brussels-based consumer group...
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