
Description
Some of the world's biggest airlines, including our very own British Airways, stand accused of ripping off consumers in price fixing conspiracies. The Office of Fair Trading in the UK and the Depar...tment of Justice in the US have launched investigations into two alleged conspiracies with a series of dawn raids on airline offices. Competition law bans firms from agreeing prices so that customers benefit from cheaper goods and services as companies compete.
Some of the world's biggest airlines, including our very own British Airways, stand accused of ripping off consumers in price fixing conspiracies. The Office of Fair Trading in the UK and the Depar...tment of Justice in the US have launched investigations into two alleged conspiracies with a series of dawn raids on airline offices. Competition law bans firms from agreeing prices so that customers benefit from cheaper goods and services as companies compete.
Series: | The Money Programme |
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First transmission date: | 09-10-2006 |
Published: | 2006 |
Rights Statement: | |
Restrictions on use: | |
Duration: | 00:28:56 |
+ Show more... | |
Producer: | Terry Messenger |
Contributors: | John Allert; Sire Richard Branson; Simon Calder; Rajan Dator; patrick DuCrey; Michael Hausfeld; Sheila Page; Sue Page; Jeff Randall; Bruce Simon; Pat Treacy; Caroly Wood; Chris Wood |
Publisher: | BBC Open University |
Link to related site: | Website: http://open2.net/money/index.html |
Subject terms: | Air travel; Competition--Great Britain; Office of Fair Trading |
Master spool number: | BAP042744 |
Production number: | LSGB681D |
Videofinder number: | 7389 |
Available to public: | no |