The dangers of monopolies and trusts have long been clear. A company or an allied group that controls most sales of a good or service can use that power to set prices at an arbitrarily high level.
WASHINGTON (Reuters) - If U.S. antitrust enforcers decide to challenge the proposed $45 billion merger of Comcast Corp and Time Warner Cable Inc, it may be because of an idea with a funny-sounding ...
You hear it claimed relatively often today that low wage employers have monopsony power. For example, this is a sometimes cited explanation for the claim that there is no disemployment effect of the ...
One of the more depressing pieces of economic analysis offered to us recently is that by Jason Furman and Alan Kreuger on the issue of monopsony in employment markets in the United States. One is ...
Talk to almost anyone about the forces at work behind Western politics’ contemporary upheaval, and it will not take long for your conversation to reach the discontents of the working class. In the ...
JURIST Guest Columnist Jim Chen of the University of Louisville Louis D. Brandeis School of Law says that the recent court decision allowing Sprint and Cellular South to pursue antitrust claims ...
Here’s today’s AdExchanger.com news round-up… Want it by email? Sign up here. Who Wants To Play Monopsony? This week, a US judge blocked a merger between Penguin Random House and Simon & Schuster, two ...
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