DoorDash eyes global domination
DoorDash struck a deal to buy Deliveroo, a UK-based food-delivery service, for $3.9 billion.
Market Structures
Uber to buy 85% stake in Turkish food delivery platform for $700 million
The deal is expected to close in the second half of this year and be accretive to Uber's growth, the company said.
Meta's antitrust trial heats up: Here's what we've learned so far
Plus, a report details the price Meta was willing to pay to avoid the trial altogether
This is why Canada has plenty of eggs — and the U.S. doesn't
While the U.S. grapples with an egg shortage caused by avian flu, eggs remain plentiful and affordable in Canada. There are reasons for that, including that egg farms there tend to be smaller.
Google holds illegal monopolies in ad tech, US judge finds
Alphabet's Google illegally dominates two markets for online advertising technology, a judge ruled on Thursday, dealing another blow to the tech giant and paving the way for U.S. antitrust prosecutors to seek a breakup of its ad products.
As Wall Street Chases Profits, Fire Departments Have Paid the Price
Fire engine manufacturing is now largely controlled by three companies. Around the country, prices have soared, and orders can take years to fulfill.
Higher customer bills on tap as DTE gets approval for $217.4 million electric rate hike
The increase is the second one OK'd by the Michigan Public Service Commission in a little over a year.
The Professional Wrestling Industry and Market Competition - FEE
The 2024 documentary Mr. McMahon, directed by Chris Smith and currently streaming on Netflix, chronicles the rise and fall of Vince McMahon, Jr., co-founder
Pipe Price Fixing
Atkore (ATKR), Otter Tail (OTTR), Westlake (WLK), Core & Main (CNM)
Breaking Down Internet Monopolies: Why Choices Are Limited in Your Area
Wondering why your broadband provider keeps hitting you with price increases? It's probably because you don't have other options for home internet.
Tesla’s EV market share is still going down
It’s probably never going above 50% again...
Judge blocks Coach owner Tapestry's proposed acquisition of Michael Kors parent Capri
The FTC sued to block the merger between Tapestry and Capri, arguing it would harm consumers and employees.
Exclusive | Frontier, Spirit Airlines Revive Merger Talks
The carriers have held early-stage deal discussions, as Spirit continues negotiations with bondholders over possible bankruptcy terms.
What Makes Something a Monopoly? - FEE
Is Google a monopoly? No. What about the National Association of Realtors—does it deserve this moniker? Certainly not. Did monopoly status ever fit
McDonald’s says meat packers are greedflating the price of beef
The fast-food giant is claiming that meat packers have colluded to artificially raise the price of beef. But the US is actually dealing with...
What it means that Google racked up 3 Nobel Prizes
Three Nobel winners announced this week in chemistry and physics hail from the tech giant.
A fight is breaking out over the FTC’s future leader
Antitrust crusader Lina Khan has raised the agency’s profile.
The DOJ is thinking it’s time to break up Google
A new filing from the Justice Department reveals what may happen to Google after a judge found it violated antitrust laws.
(20) Jeff Passan on X: "With Arizona and NY winning and Atlanta losing, the full doubleheader between Mets and Braves is happening Monday. Both games will be on ESPN2. The first starts at 1:10 p.m. ET. If either team sweeps, that team and Arizona is in. With a split, the Mets and Braves are both in." / X
Both games will be on ESPN2. The first starts at 1:10 p.m. ET.
If either team sweeps, that team and Arizona is in.
With a split, the Mets and Braves are both in.
— Jeff Passan (@JeffPassan)
The Department of Justice is suing Visa
60% of debit transactions in the US run on the company’s network...
Grocery chains are bigger than ever. See who runs the stores near you.
The traditional supermarket industry has shrunk as big-name grocers acquired their smaller rivals. Here are the chains that dominate near you and across the U.S.
FTC sues drug middlemen for allegedly inflating insulin prices
The FTC suit targets the three biggest so-called pharmacy benefit managers, UnitedHealth Group's Optum Rx, CVS Health's Caremark and Cigna's Express Scripts.
How America shops for groceries, mapped
We got our hands on location data for the biggest grocery chains in the US. Here’s what it tells us....
Coach’s parent is adding Versace owner Capri to its bag in an $8.5B designer merger
Coach clutch & Jimmy Choos… a 2000s fashion icon. Yesterday, Coach parent Tapestry agreed to buy rival US luxury house Capri for $8.5B. Capri...
DOJ accuses real estate software company of helping landlords collude to raise rents
The lawsuit says RealPage’s algorithmic pricing software lets landlords effectively collude and set rents above market rate. The Texas-based company has denied the allegations.
Biggest proposed supermarket deal in US history goes to trial
Kroger’s bid to acquire the Albertsons grocery biz now looks like the meme of multiple Spider-Men pointing at each other.
How To Confuse Aspiring Economist
The Wall Street Journal recently published an article by Steven Landsburg lamenting the disappearance of `price theory’ from the Economics curriculum. Price theory is what some Economists at …
joelwmiller·theoryclass.wordpress.com·
Then there was one: Company's ownership of both Mackinac ferry lines raises concerns
Repair needs put one line's boats out of commission, heightening worries about a lack of competition, disruption for travelers.
Candy maker Mars to buy Kellanova for its salty snacks
The size of the merger blows other recent snack food deals like J.M. Smucker’s 2023 $5.6 billion Hostess purchase out of the water.
Warner Bros. Discovery CEO David Zaslav would like a new president, too
The media mogul says he doesn't care who wins — just as long as that person doesn't do what Joe Biden has been doing for the last four years.