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Teaching Economics

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Cartels: The Quebec Maple Syrup Cartel

Geoff Riley

7th February 2016

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Quebec has 7,500 mostly family-run farms – who produce 70% of world supply of maple syrup. Since 1990 producers have been required to hand over the bulk of what they produce to the Federation of Quebec Maple Syrup Producers (FPAQ) which has a monopoly control over the market. This is cartel.

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

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