Thursday, 15 May 2008

Price fixing in basic industries

Just read that the Belgian Competition Authority has raided a number of companies in the chocolate industry. As you can easly imagine, my first reaction has been to ask a member of the Authority if I could join the raid next time.

In a different market. A (female) lawyer practicing in Brussels recently pointed out that most likely there is a cartel in the stokings market: prices for tights are more than double the price you find in other countries in Europe (I can directly testify for Italy and the Netherlands). A quick survey among colleagues seems to confirm the observation. A new dawn raid for the Belgian Authority in basic industries?

No comments: