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"The renegotiations by buyers and sellers involved in long-term contracts shows that the present basis of pricing" for natural gas is coming from the spot market, rather than oil markets, he said.
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Ministry of Justice contracts will be awarded on the basis of price, not relevant experience.
Similarly, you should not choose a funeral director on the basis of price alone.
On the basis of prices we have ourselves inflated, we pay £10bn a year in loans.
So instead they choose on the basis of price, looks and advertising".
Historically there has never been competition on the basis of price.
As a result, it will be harder for options market makers to compete on the basis of price.
He said health secretary Andrew Lansley's plans floundered partly because they "flirted with competition on the basis of price rather than quality.
Rather, he is creating a referral service that is run by LendingTree and lets traditional real estate agents compete for customers on the basis of price and service.
And doctors and the health care industry have little reason to keep costs in check, because insurers rarely deny coverage for new treatments on the basis of price.
As early as 1992, the two houses "agreed to cease competing with one another on the basis of price," Mr. Black said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com