How Mexican Beer Conquered The American Beer Market
For more than a century the American beer market was dominated by domestic beers, but in the last couple of decades a new contender emerged south of the bord...
How Does Business Competition Help Society? A Discussion with Business Wars Host David Brown
Businesses compete against each other all the time. What are the consequences for society of this competition? In this episode, I have a conversation with Da...
Taylor Swift and the Real Lesson From the Ticketmaster Antitrust Hearings | Ninos P. Malek
Taylor Swift correctly captures the behavior of these senators when she sings, Did you hear my covert narcissism I disguise as altruism, Like some kind of congressman?
Worksheet – Price discrimination, Oligopoly Related news article: PG&E monthly bills could jump for many customers due to new state law (SiliconValley.com, April 13, 2023) Summary: This worksheet could be used for in-class or homework practice. Students will be asked to read a short article abou...
How Nuns Got Squeezed Out Of The Communion Wafer Business
Get the 5-minute newsletter keeping 2M+ innovators in the loop: https://clickhubspot.com/9svNuns have earned money all sorts of ways over the years: from tea...
How the Free Market Handles Monopoly | Peter Jacobsen
Many worry that monopolies will run rampant without regulation. The market process, however, illustrates a different story. And while banning monopolies via anti-trust law may sound good, the actual practice amounts to fighting fire with fire.
Microsoft gaming ambitions hobbled as U.S. seeks to block Activision deal
The Biden administration on Thursday moved to block Microsoft's $69 billion bid to buy "Call of Duty" maker Activision Blizzard , throwing a stumbling block in front of the tech giant's plans to rapidly expand its portfolio of popular games and catch up to bigger rivals.
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.
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.
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...
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 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...