OECD Competition Law and Policy 335d ago

Cartels secretly manipulate markets at the expense of consumers, businesses and societies. They increase prices, rig markets, and limit competition, leading to bigger costs, lower quality, and fewer choices. In this video, Maria Pilar Canedo (Academic Director of the OECD-GVH Regional Centre for Competition), Marcelo Guimarães and Beatriz Marques (Competition Experts, OECD Competition Division) show how cartels operate (even with algorithms) and explain why enforcement is crucial for fair markets and consumer trust. The series “Key competition topics explained in a few minutes” is a training initiative by the OECD-GVH Regional Centre for Competition in Budapest, which builds on the discussions at its seminars to create short, focused videos on key competition notions. Access this series of videos playlist at https://bit.ly/gvh-comp-videos Read more about our work and the OECD-GVH Regional Centre for Competition at http://oe.cd/rcc-eeca. -- The video was developed to illustrate a Judges’ Lab on Cartels organised by the OECD-GVH Regional Centre for Competition in Budapest in December 2024 with the financial support of the European Union. It reflects only the authors’ views, and the European Commission is not responsible for any use that may be made of the information it contains.