In the News
UK government may launch fuel price comparison website

13th October 2022
If you provide better information, then markets operate more efficiently. This is what economic theory would suggest, and it seems that the operation of the petrol market in Northern Ireland has suggested that the provision of a fuel price comparison site has meant that petrol prices in the province have been more competitive than they would otherwise have been.
As a result, the Transport Minister, Anne-Marie Trevelyan, is considering adopt a similar scheme on the mainland, and the Competition and Markets Authority's review of the market seems to support such an idea.
You might also like
Information Failure: Four Short Revision Videos
Topic Videos
Sugar (Soda) Taxes (Government Intervention)
Study Notes
Information failure - supermarkets still offering dubious deals
30th August 2019

UK Plastic bag charge set to be doubled to 10p
27th December 2018

Optimum “health tax” for meat calculated
8th November 2018

Government floats ban on energy drinks for under-18s
30th August 2018

Google fined €4.3bn for reducing consumer choice
19th July 2018