Exploitative pricing in the time of COVID-19. 26/05/2020
Organisation for Economic Co-operation and Development, Paris
2020
June
1-15
epidemic disease ; price ; competitiveness
Business economics
English
Bibliogr.
"One of the many consequences of the COVID-19 crisis is the disruption of supply chains. Together with increased demand, this has led to shortages in a number of essential products. These shortages are influencing the behaviour of firms and may have led to potentially exploitative prices in some cases. Distinguishing legitimate from illegitimate pricing practices, as well as how best to deal with the latter, creates substantial challenges for competition authorities. This note discusses these challenges and raises issues for discussion during a webinar meeting with competition authorities on 28 May 2020. It is part of a series of responses prepared by the OECD Competition Division to help guide the actions of governments and competition authorities as they react to the challenges presented by the COVID-19 pandemic."
Digital
The ETUI is co-funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the ETUI.