Retailers accept higher costs than they can't replace you as a supplier, not when you're unable to provide a justification for your price increases.
Retailers accept higher costs than they can't replace you as a supplier, not when you're unable to provide a justification for your price increases.
Hope is the denial of reality
What kind of business do you work in? If a supplier wanted to jack up my prices by 10% you can guarantee I'd ask them why. As it happens Unilever have caved in as their profiteering was too blatant.
I don't get why you think Tesco need a ministry involved to challenge the reason behind domestically manufactured products going up by 10%. Turns out as they knew there was no reason so it won't be happening. Free market in action.
These partnerships are based on negotiations that have to be conducted in good faith with mutual respect. If one party suddenly makes demands that may have a significantly negative impact on the other party then the other party can reasonably expect a justification for why the new demands are fair rather than just unscruplous price-gouging a la Mylan. Obviously if they can't come to terms they can end their relationship but that's not exactly the best way to do business in the long term because you'll eventually become known for being a jerk, so to speak.
"One day, we shall die. All the other days, we shall live."