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Jan
22
2009

Cartel busting raises prices??

Or so says a report released by Institute of Public Affairs (IPA) in Melbourne.

Aparantly they surveyed some literature showing that prices acutually rose in the years following cartel presecution in the states (disclaimer: I’ve only read a description of this report somewhere else!).

Seams to be a classic case of correlation vs causation to me, but as mentioned above I haven’t actually read the paper. The author is an economist who is the head of the “Deregulation” unit……

About the author

agnitio

Agnitio loves economics,technology and football. He runs the technical side of the blog and very occasional rants about the economics, technology and football....

Permanent link to this article: http://www.tvhe.co.nz/2009/01/22/cartel-busting-raises-prices/

3 comments

3 pings

  1. Matt Nolan says:

    “The author is an economist who is the head of the “Deregulation” unit……”

    Got to love vested interests ;)

  2. agnitio says:

    I was implying no such thing:P

  3. Matt Nolan says:

    You might not have been – but I’m a big fan of vested interests. It gives me papers to write about on the blog :P

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