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Market Structures
Twin complaints signal new FTC strategy to rein in tech industry
The lawsuit represents the FTC’s most significant effort to rein in consolidation in the tech industry since prominent tech critic Lina Khan became the commission’s chair.
FTC sues to block Microsoft-Activision Blizzard $69B merger
The FTC said the deal could suppress competitors to Microsoft's Xbox game consoles and its growing games subscription business.
Microsoft’s deal for Activision Blizzard nears judgment day
As part of its campaign to soothe regulators ahead of a potential vote, it announced an agreement with Nintendo to bring ‘CoD’ to the Switch for 10 years.
Teaching Market Structures with a Competitive Gum Market
Students participate in an activity that demonstrates a key economic idea: The level of competition in an industry is a major determinant of product prices.
Paramount scraps deal to sell Simon & Schuster to Penguin weeks after judge rejected merger
Paramount indicated that it would still seek to unload Simon & Schuster, despite the Penguin deal falling apart.
Blink-182 Tickets Are So Expensive Because Ticketmaster Is a Disastrous Monopoly and Now Everyone Pays Ticket Broker Prices
Or: Why you are not ever getting an inexpensive ticket to a popular concert ever again.
Why New Netflix Prices Are a Kind of Price Discrimination
Offering an option with ads, the new Netflix prices could be compared to low priced basic coffee at Starbucks.
The Big, Secretive Business Of Amazon’s 100+ Private-Label Brands
Amazon has 118+ private label brands, some that carry the Amazon name and others cleverly disguised without it. And it’s been accused of using its data prowe...
Kroger agrees to buy rival grocery company Albertsons for $24.6 billion
Kroger is the second-largest grocer by market share in the United States, behind Walmart, and Albertsons is fourth, after Costco.
Albertsons merger with Kroger could be announced this week
Albertsons' stock jumped and was briefly halted after news that the grocery chain may get acquired by grocery giant Kroger.
Question of the Day: What percent of online sales go through Amazon? - Blog
Question of the Day for teachers and students (Updated): What percent of online sales go through Amazon?
Money to Burn | Brain Games
We’re selling a twenty-dollar bill, but the amount some people are willing to pay for it might make your head spin. Find out why in this clever experiment.➡ ...
The (Ir)rationality of the Dollar Auction
The Dollar Auction is a simple game devised by economist Martin Shubik in the 1970s. The beauty of the game is it's remarkable ability to illustrate the freq...
Business Drinking and the Dollar Auction Game – Mind Your Decisions
Wait for it. The patiently aggressive & creative win. | By Patrick...
1.5M views, 2.6K likes, 229 loves, 233 comments, 1.1K shares, Facebook Watch Videos from Patrick Bet-David: Wait for it. The patiently aggressive & creative win.
Penguin Random House, Simon & Schuster antitrust trial begins
Combined, the two publishers made up 49% of the top 100 best-selling print books last year.
EXPLAINER: Bid to block book merger sets competition fight
WASHINGTON (AP) — At a time of mega-mergers and flashy high-tech corporate hookups, the biggest U.S. book publisher’s plan to buy the fourth-largest for a mere $2.2 billion may seem somewhat quaint.
A Lawsuit on the Books
The Department of Justice has filed an antitrust suit to block the merger of two of the US's largest book publishers.
Phil among 11 from LIV to file suit vs. PGA Tour
Eleven golfers, including Phil Mickelson and Bryson DeChambeau, have filed an antitrust lawsuit against the PGA Tour, with three of them also filing to gain entry into the FedEx Cup playoffs.
JetBlue, Spirit near takeover deal that could come on Thursday-source
JetBlue Airways Corp is nearing a deal to buy Spirit Airlines that could be announced as soon as Thursday, a source familiar with the matter said, after Spirit canceled its $2.7 billion sale to Frontier Group Holdings .
The Swiss salt monopoly | Schweizer Salinen
California Governor: Nothing epitomizes market failures more than the cost of insulin
Insulin management has improved dramatically over the past decade, but the price of insulin has nearly tripled. California has proposed a new solution to curb the price.
Visualized: How Much Revenue Automakers Generate Every Second
The world's largest automakers generate a staggering amount of revenue. In fact, in the time it took you to read this, Volkswagen earned over $50,000.
Varsity’s Antitrust Plaintiffs Ramp Up Battles on Cheerleading Stage
The billion-dollar all-star cheerleading industry, long dominated by Varsity Brands, is beginning to see glimmers of a more open market. The cracks of daylight follow a pair of foundational blows: …
Parmigiano Reggiano Makers Are Embedding Tiny Trackers in the Rind to Fight Cheese Fraud
Parmigiano Reggiano has used tracking codes for two decades, but now they are going high tech.
Modern Antitrust Enforcement
The first shipment of baby formula to the US arrives
So how did we get here?
The Government’s Role in Expanding Broadband Access
This morning the White House announced that 20 major internet service providers have committed to lowering the cost of internet access for low-income households who qualify for the federal subsidy of up to $30 per month (of $75 per month for tribal households).
Jadrian Wooten on Twitter
“Last week I ran my "blind" taste test with econ faculty at @UTKnoxville, but I used chocolate bars instead of ice cream.
Even among a potentially more refined palette, no one was able to rank the bars by price. This is one of my favorite lessons for monopolistic competition.”