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Mirren M

Rising Beer Prices Could Hint at Oligopoly - 0 views

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    This article talks about how beer prices are rising and like the concept in oligopoly, the rest of the firms follow and vice versa. "After South African Breweries bought Miller in 2002, it set out to take market share from Bud. Its bigger rival responded by slashing prices. The others were then forced to match."
Nadiya Safonova

Canada's Cellphone Oligopoly - 1 views

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    Gone are the days when cellphones were a luxury, or a tool for a few business elite. They are now a normal and essential part of life - both in business and personal affairs. Many families, like mine, have done away with fixed line phones completely, and this trend is growing.
Lucas G

Coca-Cola cuts prices, Pepsi may follow suit - 1 views

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    This article concerns the oligopoly of Coca-Cola and Pepsi in the soft-drinks industry. It is a non-collusive oligopoly; and the two firms compete in order to gain consumers and maximize profits. Although this is usually apparent through non-price competition (as price competition can result in heavy losses for both firms), in this situation in India, Coca-Cola is reducing its prices in order to gain consumers. Pepsi will then follow suit, also reducing its prices, as if it doesn't it may lose many consumers to Coca-Cola.
Adam C

Oligopoly In the Australian Banking Industry - 1 views

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    "There is no conspiracy between the major banks, smaller banks, building societies and the RBA" ... Steven Munchenberg. Photo: Justin McManus The Australian banking sector has hit back after an offshore analyst cast doubts on the arguments used by the local sector for justifying lifting mortgage rates independently of the Reserve Bank this month. Furthermore, this article goes onto explain, in much detail, the situation and context of an oligopoly in the Australian banking industry.
Lola Z

New cellphone players want help from feds to compete - Winnipeg Free Press - 0 views

  • Rogers (TSX:RCI.B), Bell (TSX:BCE) and Telus (TSX:T) are Canada's big wireless carriers with a total of more than 24 million cellphone subscribers.
    • Lola Z
       
      Here is a oligopoly situation. The three big companies in Canada occupy the market.
  • The report also said Canada's four new wireless carriers are starting to take away some subscribers from their bigger rivals.
  • Bell and Rogers have argued against any measures that would favour the smaller wireless companies in the auction and Telus has proposed caps on the amount of spectrum bidders can buy.
Monique T

Oil giants fined for price-fixing | Fin24 - 4 views

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    This article discusses how petroleum countries in South Africa were fined for price-fixing. This is an example of large firms who form a collusive oligopoly, because they are working together to agree on prices that will maximize their joint revenue. However, due to the fact that this means higher prices for consumers, it was an illegal agreement and so the firms are being fined.
Katie Edwards

Should Mortgage Rates Even Be Lower? - WSJ.com - 0 views

  • Bankers push back against any notion of oligopoly. "The mortgage business is extraordinarily competitive," said Franklin Codel, head of mortgage production at Wells Fargo Home Mortgage. There are other factors at work. For one thing, fees charged to lenders by government-controlled mortgage-finance companies Fannie Mae and Freddie Mac are set to rise this year. The increases paid for the payroll-tax break passed by Congress in December. Analysts stress it is difficult to disentangle how much of the spread is due to pricing power from banks with more control of the market, and how much might represent structurally higher costs of doing business in the U.S. mortgage market reshaped by the crisis.
Dan Call

Rising Beer Prices Could Draw Oligopoly - 1 views

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    This artcile concerns the big American beer companies, and states that how in a time of economic recession and with beer sales slumping, how the big companie re maintaining high prices, and that quite simply the smaller companies cannot compete with these powerhouses in alcoholic drinks industries anymore.
Hannah S

Capitalism confined - 1 views

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    This article is about how in China the state always has control of the market and doesn't allow things like monopolies and ologopolies to exist that often and that they are always the ones who decide what happens in the end even if it seems as though the consumers are the ones that are making the decision.
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