Black market caviar sold 10 times initial price

Posted on April 26, 2008
Filed Under Europe, environmental goods |

In the Caspian Sea, a kilogram of caviar sells for $300 to $500 on the black market. It is then sold in Europe and the United States at a price worth 10 times as much.

Source: C.J. Chivers, ” Corruption Endangers a Treasure of the Caspian,” York Times, November 28, 2005.

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