Group items tagged

This article talks about how major publishing companies are planning on merging in order to combat the very different marketplace of books. Random House and Penguin's merge has further narrowed the amount of major publishers that are left in the market.

This article states that "the ride for airline passengers is going to get... more expensive" because of the merging of existing airlines. Currently, only three giants exist thus creating an oligopoly.

This article talks about a oil company in Russia that controls on the gas exports and oil giants are trying to convince the government to liberalize exports. It also mentions how even if they were liberalized, it would take a while to change who exports gas because of loyalty from consumers.

This article is a fairly recent article that talks about international trading. Particularly, it talks about a free trade agreement that will soon be finalised between countries that could potentially represent 1/3 of global output. This free trade agreements seeks to reduce barriers in some countries allowing for easier trade and aims to increase the share of knowledge between the countries, trying to make the knowledge similar to a perfect competition scenario. However this agreement may lead to the alienation of power-house China, a heavily influential country that had not been invited to join the agreement. this could have potential backfires such as trade embargos, but for now we will have to wait and see.

Abu Dhabi's two biggest developers have agreed to become one, controlling US$13 billion (Dh47.7bn) in property assets that include some of the capital's leading landmarks. The merger of Aldar Properties and Sorouh Real Estate creates the country's second biggest developer. Abu Dhabi's new property giant could breathe life into stalled projects.

The article is about the giant West German Daimler- Benz group which tries to decrease the cost of production to avoid the future economic breakdown the cost of technology which was the main concept for Daimler and the number of workers decreased according to the such find of economic collapse of the company.

I also worked on this topic as my part of my IA commentary. This article from the NY times explains the rising power of certain beer companies that have acquired a large amount of the market. This, according to the article, has created a sort of oligopoly. Monopolies and oligopolies are severely watched by the government because they do not want only a few companies to dominate the market. In the article they explain that these oligopolies are testing the presidents tolerance.

The article is talking about some giant beer companies that merged together but had some issues with price decisions because the prices were too high for consumers and they were not able to afford the prices. Even though it was hard to agree for each company the high prices encouraged them for competition and the industry got better. On the other hand the rising prices also pushed companies for oligopoly because as they come together pricing strategies, the division of labour would be easier and more effective.

As banks are starting to snatch up smaller banks and are headed toward a oligopoly, the U.S. federal reserve has started to try and take action. With just two banks leading the forefront (Wells Fargo and Chase), other banks have started to pull out, stating that their competitors have become too powerful.