Last Updated:2025/12/30
Sentence
Sugar
was
a
strategic
product
in
the
scheme;
in
part,
because
it
was
the
chief
source
of
‘disturbance’
in
the
wholesale
and
retail
trades
owing
to
its
use
as
what
would
now
be
called
a
‘loss
leader’,
and,
in
part,
because
on
the
supply
side
the
industry
was
dominated
by
one
refiner
behind
a
substantial
tariff
wall,
thereby
facilitating
‘stabilised’
pricing.
Quizzes for review
Sugar was a strategic product in the scheme; in part, because it was the chief source of ‘disturbance’ in the wholesale and retail trades owing to its use as what would now be called a ‘loss leader’, and, in part, because on the supply side the industry was dominated by one refiner behind a substantial tariff wall, thereby facilitating ‘stabilised’ pricing.
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