Cartels and The Informant!

In the new Steven Soderbergh movie, The Informant!, Matt Damon plays Mark Whitacre, the Archers Daniel Midland executive who blew the whistle on the international lysine cartel. The movie is getting good early reviews but if you are strapped for time, Marginal Revolution has the key scene courtesy of a hidden camera.  I love the opening and the section beginning around 2:05 as the conspirators discuss who is coming to the meeting is priceless.

Tyler and I feature this case in our chapter on cartels in Modern Principles: Microeconomics.

Enjoy the movie!


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