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A cartel storm in a tea cup

Dr. Mark LeClair, professor of economics at Fairfield, is quoted in a story about the burgeoning tea cartel. “Tea is very  likely to face the same fate as previous cartel attempts in soft commodities such as sugar and cocoa. ‘Tea could be grown widely – if they force prices up, other countries will enter into the market,’ Prof LeClair says.”

Published in Financial Times of London on 1/31/13

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