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U.K.: Gas price-fixing and the Libor scandal – how do they compare?

By  |  November 20, 2012

Recent reports from the U.K. have promised major action from antitrust authorities on the gas sector for alleged price-fixing. Both The Guardian and the Prime Minister described the alleged violations as “Libor-like.” Experts trace how the comparison between the gas price-fixing scandal and the Libor scandal hold-up, and explain how the U.K.’s “big six” energy companies, among the alleged others, set their prices for the gas and electricity markets.

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