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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
- Economics
- Topic updates
- Oligopoly
- Collusion
- Price fixing
- Competition and Markets Authority (CMA)
- Cartel
Geoff Riley
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.
Our subjects
- › Business
- › Criminology
- › Economics
- › Geography
- › Health & Social Care
- › History
- › Law
- › Politics
- › Psychology
- › Sociology
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