Jacob Solomon's group - M2015(B)

This article is about colleges merge ring. you can see that it is very similar to businesses merge ring. The cost will be cut and performance will be better. The article also shows that the impact i the short run will not be big, however, it i will start to show in the long run. this is exactly the case with any other merger of any type of business. 

This article published in the Telegraph regards the purchase of up-and-coming Israeli mapping program Waze for an estimated $1bn. The move is one that serves to increase Google's monopolistic stance in the digital mapping industry, as the purchase restricts the availability of effective substitutes to map services owned by Google.

This article talks about how the efficiency of shipping should be increased, by multiple big shipping companies forming a pact.

This article talks about price discrimination. In Australia, the government things that the prices are higher than anywhere else in the world ( prices charged by foreign companies). In my opinion, this is because these major companies had the ability to discriminate, due to income, which is found to be higher and the geographical destination. It is a third degree discrimination. All the required conditions for discrimination were available. The companies have ability to set prices, as they are in an oligopoly competition. The consumers in other parts in the world are not likely to by the product and sell it to Australians. And price elasticity in Australis is found to be higher due to the higher income they have, 

This article is about the companies which have an oligopoly in the market in US.

This article talks about the on going oligopoly in the US with cell phone network providers.

This article deals with the oligopolies of cable TV and that Apple would be the company to open them up.

This article details the rise of so called 'budget supermarkets' Aldi and Lidl in the UK taking market share from the 'Big Four' supermarkets Asda, Tesco, Sainsbury's and Morrisons. The supermarket industry in the UK is a prime example of an oligopoly, I'd argue that there isn't perhaps a better example anywhere as this market features all the tell-tale signs; the four supermarkets often compete in price wars, especially Asda, the store mentioned here. Also the firms often collude and fix prices across the board together. The market, however is changing with other firms entering the market to provide cheaper alternatives to the ' Big Four' whom so many consumers have become disenfranchised with.

This article refers to the current price feud between two of America's largest mobile phone providers, T-Mobile and AT&T. Having earlier employed aggressive tactics to try to gain consumers from AT&T, T-Mobile recently suffered a set back as a result of a counter-move by AT&T, who offered monetary compensation for those consumers switching from T-Mobile. As a result of the apparent price war, Wall Street has become increasingly concerned by the prospect of a dramatic loss of profits in the industry, as both firms may eventually settle at the so called Nash Equilibrium point.

This article discusses how british banks are an oligopoly and how they have ripped and are ripping customers.

The article is about regulating the petrol oligopoly in Pakistan. It argues that the petrol-firms under oligopoly set their own high prices, and the government is deregulating the prices but the prices are still too high. 

Oligopolies contain firms that operate at a profit maximizing level and that in the short run can have burst of price changes. These changes in prices are due to an instant attempt at increasing the market share, however this leads to issues for other firms as well as consumers. In order for this to be prevented, government regulation is an option. This article describes how instead of regulating the industry the government is operating it, and what problems this causes

This article talks about how the new government is supposed to get rid of the governments monopoly on coal

After 75 years of barring foreign investment into her oil fields, the Mexican government (particularly President Enrique Pena) is set to repeal laws that had previously ensured a state monopoly of Mexican crude oil. As one of the biggest crude resources in the Western Hemisphere, this move poses a dramatic increase in North American crude exports, which will rise to second in quantity behind only Saudi Arabia. The bill to end the monopoly was approved by the Mexican Congress in mid-December and could see foreign investment eventually rise to approximately $15 billion per year. However, potential issues arise in the form of material delays, local opposition to drilling and a lack of pre-existing infrastructure.

In this article it tells why the government prefer that NFA continue monopoly over rice importation.

This article explains a new development that allows gasoline and air to be combined to create a more fuel efficient eco friendly car

The article discusses the problem of job allowances and other benefits that discourage people from working. Germany is an example of such a country and its policy is described in the article.

This is an interesting article about monopoly. In the article, it is argued that as beer also gets allowed to be sold in convenience stores and not only in the beer store which has been a monopoly of beer, then there will be a rise in price. The government argues that it would have gained revenue if sold in convenience stores, as a study said that privatization in Alberta and British Columbia led to higher prices in those provinces.

This article discusses the ramifications of the Comcast - Time Warner Cable merger in America. The two biggest internet and cable providers in the country are set to merge effectively creating one monopoly firm. The market has the charactersists of a monopoly in the fact that new firms can not really enter, even huge phone providers like Verizon and Sprint are having to stop rolling out fibre optic broadband, meaning internet speeds for there customers are set to remain slow. The cable industry is often a typical example of a monopolistic market and it looks set to stay this way. 

The article describes a situation in which a company that is a monopoly becomes a monopsony. It also shows that a merge of two separate companies is very dangerous to the society.

This article demonstrates how the BBC monopoly was ended in 1955. It shows that monopoly is a bad thing and that it actually harms the consumer ( in this case the people who watched Tv). BBC's monopoly was somehow used to change people's point of view or to make them think in a certain way. This demonstrated the negative sides of a monopoly.