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Teaching Economics

In the News

CMA wants reform of price comparison sites

Graham Watson

28th September 2017

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An interesting microeconomic story with the Competition and Markets Authority (CMA) highlighting the need to use more than one price comparison website when shopping around for deals.

This ties in with the view that "I'm looking around for three quotes" is one of the most powerful phrases that a consumer can utter. Simples!

Of course, access to information is a necessity for efficiently functioning markets, and it's interesting to note that even the advent of the internet hasn't always brought this about.

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Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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