sam.walker@spaldinggrammar.lincs.sch.uk This blog will work better if you send me stuff to include and ask me questions. This involvement helps me work out whether this project is worth the time! Give me some feedback!



Don't forget the Sister Blog: SGS Macro Blog @ http://sgsmacroblog.blogspot.com/!

Friday, 16 April 2010

Regulation in Markets

Imperial Tobacco fined £112m and Co-op and Asda were penalised by £14m each

http://www.guardian.co.uk/business/2010/apr/16/oft-levies-225m-for-cigarette-price-manipulation

  • How does price fixing affect consumer surplus and producer surplus?
  • Does fining firms for such exploitation stop them for doing the same thing again?