Economics

Topic updates

Short Videos on Price Fixing

Geoff Riley

1st February 2017

Here is a selection of short news videos on real world examples of price fixing in markets

Adam Smith

"People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices."

2015 - Fines for French Yoghurt Cartel

2016 - EU slaps record $3 bil cartel fine on truck firms

2013 - Chocolate price fixing

2016 - eight duty-free shops accused of price-fixing in South Korea

Geoff Riley FRSA has been teaching Economics for over thirty 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 conferences in the UK and overseas.

@tutor2uGeoff