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Adam C

Oligopoly In the Australian Banking Industry - 1 views

www.brisbanetimes.com.au/...-at-critic-20120221-1tkuw.html

Oligopoly

shared by Adam C on 24 Feb 12 - No Cached
  • Adam C on 24 Feb 12
     
    "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.
Amy X

Apple sidesteps iPad ban in Shanghai, but Proview is far from done - 1 views

news.cnet.com/...i-but-proview-is-far-from-done

monopolistic competition.

shared by Amy X on 23 Feb 12 - No Cached
  • Amy X on 23 Feb 12
     
    Apple sidesteps iPad ban in Shanghai, but Proview is far from done A lower court says Apple will be allowed to sell the iPad around Shanghai, but similar attempts to ban the device are being brought to other courts around the country. One down, many, many more to go. This comments on the monopoly apple is wanting to make, in the market yet struggling but showing power.
Dan Call

Rising Beer Prices Could Draw Oligopoly - 1 views

www.nytimes.com/...27views.html

Olgiopoly price beer

shared by Dan Call on 23 Feb 12 - No Cached
  • Dan Call on 23 Feb 12
     
    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.
Katie Edwards

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

online.wsj.com/...4131004577237550558739754.html

oligopoly competition

shared by Katie Edwards on 23 Feb 12 - No Cached
  • 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.
Lucas G

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

timesofindia.indiatimes.com/...11893350.cms

Oligopoly Non-collusive

shared by Lucas G on 22 Feb 12 - No Cached
  • Lucas G on 22 Feb 12
     
    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.
Hannah S

Mexico's two monopolies - 2 views

www.economist.com/21546028

monopoly

shared by Hannah S on 14 Feb 12 - No Cached
  • Hannah S on 14 Feb 12
     
    The telephone market has two monopolies. 1 has over 70% of the landlines the other over 70% of the mobiles. This means that there are two extremely powerful companies which have a lot of influence in the market and how the mnexican population spend.
Hannah S

Social networking for scientists - 1 views

www.economist.com/21547218

efficiency

shared by Hannah S on 14 Feb 12 - No Cached
  • Hannah S on 14 Feb 12
     
    This article is about how a social networking site for scientists can become more efficient as the scientific community is still very fragmented.
Lucas G

End the Avista Monopoly - 3 views

www.spokesman.com/...end-the-avista-monopoly

Natural Monopoly

shared by Lucas G on 05 Feb 12 - No Cached
  • Lucas G on 05 Feb 12
     
    This short article relates to the concept of natural monopolies; as are found in utilities such as water, electricity and gas providers. This article complains at the fact that Avista charges a high quantity for gas; and being a monopoly; it gets away with it.
  • Lucas G on 13 Feb 12
     
    This short article relates to the concept of natural monopolies; as are found in utilities such as water, electricity and gas providers. This article complains at the fact that Avista charges a high quantity for gas; and being a monopoly; it gets away with it.
Adam C

Wheat Board Monopoly - 1 views

www.vancouversun.com/...story.html

monopoly

shared by Adam C on 12 Feb 12 - No Cached
  • Adam C on 12 Feb 12
     
    (No intended link to Monique's) This article talks about the Canadian Wheat Board, and the potentially detrimental affects of ending this monopoly in the prairie provinces. ending this monopoly would make the market more competitive, which would take away from the research and development of new methods and new tools.
Monique T

Canadian Wheat Board 2.0 to roll out in weeks | Reuters Business - 0 views

ca.reuters.com/...idCATRE81511W20120206

monopoly Canada Canadian Wheat Board competition agriculture primary commodities

shared by Monique T on 12 Feb 12 - No Cached
  • Monique T on 12 Feb 12
     
    This article describes the transition of the Canadian Wheat Board after the Canadian government ended its monopoly. This means the wheat farmers in Western Canada are now going to have to be more competitive as they don't have a monopoly over the industry, and so the industry is ideally transitioning from a concentrated market structure to a competitive market structure.
Lola Z

Merger brings new monopolies for mining firms |Economy|chinadaily.com.cn - 0 views

www.chinadaily.com.cn/...content_14555546.htm

monopoly

shared by Lola Z on 10 Feb 12 - No Cached
  • fourth-largest metals
    • Lola Z
      Lola Z on 10 Feb 12
       
      The market share of these two companies in the trade will be larger. As a result, monopoly will emerge.
  • Business / Economy
  • The deal's success will weaken the power of Chinese buyers in the down-stream part of the mining industry
  • ...2 more annotations...
  • work harder to develop themselves to gain more power in the international market
  • world's largest publicly traded commodities supplier.
Katie Edwards

Will Verizon and Redbox Challenge Netflix Monopoly? - 0 views

www.opposingviews.com/...box-challenge-netflix-monopoly

monopoly challenge

shared by Katie Edwards on 08 Feb 12 - No Cached
  • Katie Edwards on 08 Feb 12
     
    Netflix has been the leading DVD/Streaming Movie and TV source for a while now. People are overall pleased with the selection and the price, but largely because there are few alternatives. If there has been any competition to Netflix, it's the small deals often enclosed with OnDemand for specific providers. We will find out if it's possible for "Redbox" to overpass Netflix, because as of right now, it's just another small competitor.
Dan Call

Microsoft's forgotten monopoly - 1 views

news.cnet.com/...2010-1032_3-6085417.html

monopoly Microsoft font

shared by Dan Call on 08 Feb 12 - Cached
  • Dan Call on 08 Feb 12
     
    This article is about the dominant electrical market brand of Microsoft and one of their forgotten monopolies which is their fonts. They have produced all the fonts we see used regullarly today, including Verdana and Arial, and this article beleives it is now time to break this monopoly
Dan Call

Monopoly on dirty air - 1 views

www.nytimes.com/...monopoly-on-dirty-air.html

monopoly new york air quality environment

shared by Dan Call on 05 Feb 12 - No Cached
  • Dan Call on 05 Feb 12
     
    This article from New York is about air quality. New York recently failed an air quality standard test, from a company that has according to the paper a monopoly in their market, and whether it is right that this is the case.
Monique T

P&G to lay off 1,600 non-manufacturing employees to cut costs | Economic Times - 1 views

articles.economictimes.indiatimes.com/...d-digital-media-media-spending

efficiency cost-cutting job lay-offs Procter & Gamble competition competitive behaviour

shared by Monique T on 05 Feb 12 - No Cached
  • Monique T on 05 Feb 12
     
    This article details how the large company Proctor & Gamble is attempting to cut variable costs by eliminating jobs, which leads to lower labour costs. This action results in a lower cost for their products, leading to more productive efficiency. This competitive behaviour is also partially reflective of perfect competition, where companies must decrease costs in order to increase profits; however the article also focuses a lot on the advertising done by Proctor & Gamble, which is not fitting with the assumptions of the perfect competition model.
Katrina D

Lululemon profit doubles as revenue soars - 0 views

www.theglobeandmail.com/...article1702300

revenue

shared by Katrina D on 04 Feb 12 - No Cached
  • Katrina D on 04 Feb 12
     
    Although there are a lot of numbers in this short article, there are a few things to consider. For one, it draws the line between revenue and profits. It would be interesting to investigate how and why revenues increased, and how this affects the profit. As well, the article talks about the companies' strategies/aims to be successful... for example, community engagement. As we've discussed, it may mean that profit/revenue/volume aren't at their maximum, but it attempts to draw in revenue through ways other than price.
Hannah S

Uk economy: what's to blame - 0 views

www.economist.com/...uk-economy

revenue recession

shared by Hannah S on 04 Feb 12 - No Cached
  • Hannah S on 04 Feb 12
     
    This article is about how the UK's recession is continuing and it talks about how even though the tax revenue has increased this year, the spending continues to rise.
Lola Z

Off With Their Heads! The Fantasy Google Monopoly - Forbes - 2 views

www.forbes.com/...ds-the-fantasy-google-monopoly

monopoly

shared by Lola Z on 04 Feb 12 - No Cached
    • Lola Z
      Lola Z on 04 Feb 12
       
      Here it deals with the concept of menacing monopoly. Google isn't doing anything "evil", but it is just so comprehensive that everyone can't help to use it.
  • . Microsoft’s impressive growth of Bing in a mere two or so years shows that new competition in search can come at any time.
    • Lola Z
      Lola Z on 04 Feb 12
       
      There is actually competitor of Google. It is Microsoft's Bing.
  • ...10 more annotations...
  • They rest on their laurels and do not innovate.
    • Lola Z
      Lola Z on 04 Feb 12
       
      If there is a monopoly in industry, consumers can be end up in disadvantage as the monopolist refuses to innovate and discourages other firms which can potentially innovate from entering the industry.
  • Google continues to innovate in many spheres of Internet and e-commerce activity, from mobile operating systems to books to social media.
    • Lola Z
      Lola Z on 04 Feb 12
       
      However, we can see that Google is innovating and giving consumers advantages. It is a benign monopoly.
  • Google search is a free product, supported by advertising. And that advertising is not priced by Google itself, rather through an auction among advertisers bidding on the use of search keywords. Google doesn’t control price, let alone raise prices.
    • Lola Z
      Lola Z on 04 Feb 12
       
      Here again, Google is shown to be a benign monopoly. Monopolists usually control the price freely, and raise the price as high as they can to earn profits. However, Google is free. Even if advertisers post commercials on it, the price is not set by Google.
  • Monopolists also have no incentive to reduce costs and increase efficiency, because the absence of competition assures them of selling products very profitably.
  • Google doesn’t act like a monopolist and shares none of the characteristics sheltering classic monopolists from competition. Its astounding success in Internet search is universally regarded as a consequence of better design, superior code, better products and plain old hard work.
  • an “evil” monopolist
  • Of course, it’s unlawful to monopolize a market, not to become a monopolist as a result of superior business acumen or execution.
Nadiya Safonova

Economies of Scale - Transportation - 1 views

www.economist.com/21538156

Economies of Scale

shared by Nadiya Safonova on 03 Feb 12 - No Cached
  • Nadiya Safonova on 03 Feb 12
     
    This article describes how cheap it is to ship clothing from China to Europ becasue of bulk transportation...one ship carries loads of clothing, so much actually that it only ends up costing a couple cents a shirt to ship it.
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