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Episode details

World Service,17 Aug 2024,9 mins

Are companies making more money from their customers?

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Recent reports claimed the average global mark-up, the difference between the price of production and the price that product is sold for, rose from 7% in 1980 to 59% by 2020. So is this true? Are some companies choosing to charge us more than ever for their products? We investigate the accuracy of these claims, and which companies are responsible with the help of Jan Eeckhout a Professor of Economics at Pompeu Fabra University in Barcelona. Presenter: Kate Lamble Producer: Beth Ashmead Latham Production co-ordinator: Katie Morrison Sound mix: Neil Churchill Editor: Richard Vadon

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