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grace turner

BBC News - Chocolate firms Nestle and Mars accused of price-fixing - 0 views

  • price-fixing
  • conspiracy
  • Nestle Canada, Mars Canada, and the distributors ITWAL have been charged
  • ...5 more annotations...
  • Hershey Canada, an alleged co-conspirator, is expected to plead guilty at a hearing later this month in exchange for leniency.
  • Three individuals have also been charged as part of the investigation.
  • Mars, Nestle and ATWAL vowed to fight the charges
  • "It is Mars Canada's policy not to comment on pending litigation and we are therefore unable to make any additional comments in relation to this matter, which is now before the court.
    • grace turner
       
      theory of oligopoly what it means to price fix
    • grace turner
       
      possibly luxury vs. necessity-elasticities that make it possible?- chocolate is somewhat addictive...
  •  
    mine :)
klemens koestler

Stateline - Colorado, Washington hope to bring in millions from marijuana taxes but the... - 3 views

  • Tax Revenue Estimates From Legal Marijuana May Not
  •  
    demand & supply, taxes, revenue, black market
kakomori

Tobacco companies ordered to advertise smoking risk - Nov. 27, 2012 - 2 views

  • - "Smoking kills, on average, 1,200 Americans. Every day." - "More people die every year from smoking than from murder, AIDS, suicide, drugs, car crashes, and alcohol, combined." - "Secondhand smoke kills over 3,000 Americans each year."
Jin Seo

Microsoft posts first loss as public company - Business - Al Jazeera English - 1 views

  • Microsoft
    • Jin Seo
       
      Example of a real life monopoly 
    • Jin Seo
       
      Total cost > total revenue 
  • ...3 more annotations...
  • net loss of $492m
  • profit of $5.87bn
  • $18bn
  •  
    Microsoft first loss as a public company
Ayaka Matsumura

Australian dollar to drop 10pc against greenback in 2013, says MS | The Australian - 0 views

  •  
    International IA Article
Yuuji Mitsuta

BBC News - Yen dips as Yoshihiko Noda proposes snap elections - 0 views

  • It fell as low as 80.83 yen
    • Yuuji Mitsuta
       
      Depreciation
  • print "unlimited yen" to help fight deflation.
  • Analysts said such a move would weaken the yen even further.
  • ...5 more annotations...
  • We are expecting the dollar/yen to head up to around 82 yen by the end of the year."
  • Meanwhile, policymakers have found it increasingly tough to boost domestic consumption, as they continue to fight deflation or falling consumer prices, which tend to make customers put off their purchases in hope of a better deal down the road.
  • needed to set an inflation target of 3% instead of its current 1% goal to help revive growth in the economy.
  • monetary policy would be key
  • Japan's exports, one of the biggest drivers of growth, have been hurt by a slowdown in key markets such as the US and Europe.
Katie Miyoshi

Switzerland : Mexico takes Chinese textile subsidy issue to WTO - Textile News Switzerland - 0 views

  • Mexico
  • has filed a complaint with the World Trade Organization (WTO) over the subsidies provided by China to its textiles and garment sector, according to a statement released by the WTO.
  • exemption in income tax, value-added taxes and municipal taxes,
  • ...2 more annotations...
  • Under a series of trade agreements between Mexico and China, all tariffs on Chinese products, including textiles, were gradually reduced to zero by December 2011.
  • unfair advantage and seriously hurt Mexican textile and garment industry.
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