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Probe into chocolate 'price-fixing'

Probe into chocolate 'price-fixing' | michul econ202 | Scoop.it
The food giants Nestle and Mars, along with a distribution company, have been charged by authorities in Canada over alleged price-fixing of chocolate

Via Geoff Riley
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Elea Misteli's curator insight, September 3, 2013 1:53 PM

Macroeconomic trends impacting on markets and business:

Clear example of Monopoly power that has been mis-used. Unless Authority would have stepped in 'price-fixing' would have gone unnoticed and caused an effect on consumer expenditure on other goods and service. Furthemore because Nestle and Mars are food giants they would have had an elastic effect on demand of other goods due to the fact that they could be considered as necessity foods.

Peter Symonds Economics's curator insight, November 4, 2013 11:54 AM

More market failure

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Rock and Roll, Economics, and Rebuilding the Middle Class | The White House

Rock and Roll, Economics, and Rebuilding the Middle Class | The White House | michul econ202 | Scoop.it
Using rock and roll industry as a example is one of the best ways to explain economics -- many of the forces that are buffeting the U.S. economy can be understood in the context of the music industry.

Via Pierre Priot
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Pierre Priot's curator insight, June 13, 2013 3:15 PM

Now hear it from The White House: indie artists are doomed to be underground.

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Labor Economist Betsey Stevenson To Join White House

Labor Economist Betsey Stevenson To Join White House | michul econ202 | Scoop.it
Betsey Stevenson, a labor economist at the University of Michigan , will be the next appointment to the White House’s Council of Economic Advisers. (.
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Copper mining economics questioned by Montana economist - Duluth News Tribune

Copper mining economics questioned by Montana economist
Duluth News Tribune
Copper mining economics questioned by Montana economist.
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The thriving middle class

The thriving middle class | michul econ202 | Scoop.it
“THE biggest thing we have is the words ‘Great Britain',” says Stewart McIntyre, managing director of Sunseeker, a maker of luxury motor yachts. His firm...

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Geoff Riley's curator insight, June 9, 2013 6:47 AM

Importance of mid sized firms for the UK economy is often over-looked. Here are some good examples.

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Silke Helfrich: "Economics and the Commons?! Towards a Commons Creating Peer Economy'"

Video recording of the conference "Economics and the Common(s): From Seed Form to Core Paradigm"

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