CLSG Economics: Business Economics
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State Monopolies May be Forced to Publish Investment Information | News

State Monopolies May be Forced to Publish Investment Information | News | CLSG Economics: Business Economics | Scoop.it
In an effort to increase public control over large state-owned businesses, Russia's monopolies will be required to disclose any investment information that does not contain government secrets.
Issy Fidderman's insight:

Has the potential to be a big step for Russia, and good that Putin's sticking to an election pledge. 

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Why Monopolies Make Government Spying Easier

Why Monopolies Make Government Spying Easier | CLSG Economics: Business Economics | Scoop.it
If you’d like less government surveillance, the alternative answer to political control is more competition in the industries that handle and store information.
Issy Fidderman's insight:

I initially thought this article was over the top but it does bring in good examples. I still don't think that  goverment spying is quite as big or as awful as the article suggests. 

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Lucozade and Ribena sold for £1.35bn

Lucozade and Ribena sold for £1.35bn | CLSG Economics: Business Economics | Scoop.it
GlaxoSmithKline agrees to sell Lucozade and Ribena to Orangina Schweppes owner Suntory for £1.35bn.
Issy Fidderman's insight:

It always shocks me that hundreds drinks which you assume are in competition with each other are owned by a very small number of companies - this article gives another example of this. Monopolies have the power to seriously harm consumers so that has to be weighed up against economies of scale. 

It's very good that the majority of workers should retain their jobs though. 

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andre's comment, September 13, 2013 8:40 AM
Well done Issy, good article and good comment. You would be probably consider the drinks industry as an oligopoly (a few large firms in the market) but as you say we should still be very concerned by consumer welfare (Neil and Andre in Neil's office)