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...
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.
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.
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 .
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.
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: …
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).
“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.”
[Good news, everyone! We were clearing out Quinns' stuff and we found something he was apparently too scared to publish. By way of showing respect, we've published it here in full.] I’ll be honest, I didn’t really want to write about this event. In the words of one of the…