Europe

UK gas prices 'manipulated'

Some believe the unregulated market has become a cartel, and some believe prices are higher than necessary.
Last Modified: 13 Nov 2012 21:24

While most countries set the price of gas around the price of oil, Britain decided that an unregulated gas trading market was a better idea.

The fear now is that lack of oversight has led to a cartel.

Al Jazeera's Lawrence Lee reports from London.

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