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UK petrol market 'working well'

UK petrol market 'working well' | ECO3 | Scoop.it
The OFT says petrol and diesel competition is working well in the UK but motoring organisations are unhappy with the findings.
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Regulatory Capture?

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Senators question U.S. penalties against Wall Street banks as too lenient

Senators question U.S. penalties against Wall Street banks as too lenient | ECO3 | Scoop.it
The lawmakers are echoing public concern that the Justice Department is not holding firms accountable.
James Dicker's insight:

For competition policy to be effective regulators must set fines higher than the expected gains from cheating

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