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Furnishers rapped over discounts

Furnishers rapped over discounts | A2 Micro | Scoop.it
Carpetright and four other carpet and furniture chains have agreed to change pricing practices, following an investigation by regulators.
Wajid Raja's insight:

#ECON3 OFT BBC News - Five furnishing chains change pricing after OFT probe

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New push for energy firm probe

New push for energy firm probe | A2 Micro | Scoop.it
Consumer group Which? and the Federation of Small Businesses are asking regulators to investigate the "broken" energy market.
Wajid Raja's insight:

#ECON3 Price-fixing/collusion BBC News - Energy firms need investigating, say consumers and firms

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Panasonic offers China pollution pay

Panasonic offers China pollution pay | A2 Micro | Scoop.it
Japanese electronics firm Panasonic announces it will pay its staff working in China a premium to compensate them for high levels of pollution.
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Britain's five richest families worth more than poorest 20%

Britain's five richest families worth more than poorest 20% | A2 Micro | Scoop.it
Oxfam report reveals scale of inequality in UK as charity appeals to chancellor over tax
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AP Microeconomics: Practice Test - Learningpod

This Pod was created for AP Microeconomics: Practice Test
Wajid Raja's insight:
Practice multiple choice, #ECON1 and still useful for #ECON3
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Nespresso has shot at larger coffee sale - FT.com

Nespresso has shot at larger coffee sale - FT.com | A2 Micro | Scoop.it
Nespresso is betting that a new machine that brews larger coffees will help double its US sales to $600m in the next two years as the single-serve coffee maker seeks to boost its international growth. The subsidiary of Swiss food group Nestlé

Via Geoff Riley
Wajid Raja's insight:

 Nespresso has shot at larger coffee sale -ECON3 dynamic efficiency, oligopoly, patent protection (email registration for free account required)

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Geoff Riley's curator insight, February 19, 2014 2:04 AM

Dynamic efficiency in the oligopolistic market for single-serve coffee makers. Nespresso attempts to respond to changing needs and wants.

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Do monopolies care about customers? Passengers attack train standards - Telegraph

Do monopolies care about customers? Passengers attack train standards - Telegraph | A2 Micro | Scoop.it

Low satisfaction levels among passengers travelling on more than half of Britain's train companies, survey finds


Via Phil Hensman, Mr Jones
Wajid Raja's insight:

Do monopolies care about customers? Passengers attack train standards - Telegraph #ECON3

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Mr Jones's curator insight, February 19, 2014 3:59 AM
Does monopoly power mean that consumers end up with poorer quality service?
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How much is it costing to scare British taxpayers into paying for HS2?

How much is it costing to scare British taxpayers into paying for HS2? | A2 Micro | Scoop.it
Simon Jenkins: In what amounts to an abuse of democracy, lobbyists are being used to put the case for an absurd project few really want
Wajid Raja's insight:

How much is it costing to scare British taxpayers into paying for HS2? | Simon Jenkins- Guardian #ECON3

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Small firms urge break-up of Big Six energy giants - Telegraph

Small firms urge break-up of Big Six energy giants - Telegraph | A2 Micro | Scoop.it
Federation of Small Businesses and Which? want full inquiry into energy market
Wajid Raja's insight:

How would students act to break up the big six? Plenty of evaluation in here #ECON3

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Brazil launches big corruption probe

Brazil launches big corruption probe | A2 Micro | Scoop.it
Brazil says it is investigating corruption and price-fixing allegations against 18 companies, including Siemens of Germany and Alstom of France.
Wajid Raja's insight:

Current cartels and price fixing in Brazil #ECON3

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Morrisons Plots Price Cuts After Annual Loss

Morrisons Plots Price Cuts After Annual Loss | A2 Micro | Scoop.it
The supermarket chain confirms an aggressive discounting plan to challenge its rivals as sales continue to fall.
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Young workers hit by double squeeze as pay divide widens

Young workers hit by double squeeze as pay divide widens | A2 Micro | Scoop.it
19% fall in wages since 1997 while costs go up, and older generation now earns 2.6 times more, says thinktank
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Oil firms named in price-fix lawsuit

Oil firms named in price-fix lawsuit | A2 Micro | Scoop.it
BP, Royal Dutch Shell, and Statoil are among firms accused in a New York lawsuit of manipulating the Brent crude oil price market. #Econ3 Price fixing. Looking at this issue tomorrow.
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We have failed to prevent global warming, so we must adapt to it - Telegraph

We have failed to prevent global warming, so we must adapt to it - Telegraph | A2 Micro | Scoop.it
We’ve spent 25 years trying to prevent global warming, and have barely scratched the surface
Wajid Raja's insight:

We have failed to prevent global warming, so we must adapt to it #ECON3

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Companies bring production back to UK

Companies bring production back to UK | A2 Micro | Scoop.it
After years of stories of companies shifting production abroad, now the opposite is starting to happen - a process some are calling "re-shoring".
Wajid Raja's insight:

Excellent video by @BBCHughPy on British firms "reshoring" production from places like China is here #econ3. 

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Not a typo, monopsony in spotlight in U.S. cable deal

Not a typo, monopsony in spotlight in U.S. cable deal | A2 Micro | Scoop.it
WASHINGTON (Reuters) - If U.S. antitrust enforcers decide to challenge the proposed $45 billion merger of Comcast Corp and Time Warner Cable Inc, it may be because of an idea with a funny-sounding name
Wajid Raja's insight:

Monopsony in spotlight in U.S. cable deal #ECON3

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