Unit 3 Market Structures, pricing, price discimination, contestablility
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Food giant accused over cash request

Food giant accused over cash request | Unit 3 Market Structures, pricing, price discimination, contestablility | Scoop.it

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Phil Hensman's curator insight, December 5, 2014 2:05 AM

Using monopsony power over small suppliers to reduce costs. Who benefits? The monopsonist...

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Calls for greater competition in the aviation industry

Calls for greater competition in the aviation industry | Unit 3 Market Structures, pricing, price discimination, contestablility | Scoop.it
According to The Economist, given that flying people around the world is the ultimate globalised industry, there is oddly little competition in the airlines business. This lack of competition is...

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Contestability: Lidl to open dozens of new supermarkets in London's 'Waitrose country'

Contestability: Lidl to open dozens of new supermarkets in London's 'Waitrose country' | Unit 3 Market Structures, pricing, price discimination, contestablility | Scoop.it
Cut-price grocer Lidl is planning an audacious assault on central London with dozens of new supermarkets in some of the capital’s most desirable neighbourhoods. Bosses at the German-owned retailer are looking to push deep into “Waitrose country” by opening in exclusive  “villages” including Chelsea, Notting Hill, Highgate and even Mayfair. The bold move comes as its rivals struggle to boost sales and profits in the midst of the most cut-throat  supermarket price war in history. 

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GCS Business Studies's curator insight, September 25, 2015 3:57 AM

Private sector aims and objectives.

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What exactly is 'game theory'? - BBC News

What exactly is 'game theory'? - BBC News | Unit 3 Market Structures, pricing, price discimination, contestablility | Scoop.it
The Greek finance minister is a student of "game theory". But what is it?
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Interesting reading for A level students

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Murdoch-owned Times attacks BBC for ‘media empire’ monopoly

Murdoch-owned Times attacks BBC for ‘media empire’ monopoly | Unit 3 Market Structures, pricing, price discimination, contestablility | Scoop.it
'Cut down to size' means small enough not to threaten private media interests
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WH Smith drops hospital prices after MP pressure

WH Smith drops hospital prices after MP pressure | Unit 3 Market Structures, pricing, price discimination, contestablility | Scoop.it
WH Smith has agreed to bring prices at its outlets in hospitals in line with those on the high street following a meeting with Dewsbury MP Paula Sherriff.

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Phil Hensman's curator insight, September 24, 2015 4:29 AM

Price Discrimination, Price Inelastic Demand

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Increased Contestability: How the discounters are beating the supermarkets

Increased Contestability: How the discounters are beating the supermarkets | Unit 3 Market Structures, pricing, price discimination, contestablility | Scoop.it
Discount chains are stealing a march on the UK's big four supermarket chains as shopping habits change, but the battle for high street supremacy is not yet over.

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Monopoly: US drug company to cut 5,000% price rise after backlash - BBC News

Monopoly: US drug company to cut 5,000% price rise after backlash - BBC News | Unit 3 Market Structures, pricing, price discimination, contestablility | Scoop.it
A US drug company facing an outcry after raising the price of a drug used by Aids patients by over 5,000% says it will lower the price.

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Leila Brown's curator insight, October 22, 2015 4:46 AM

A2 Economics - abuse of monopoly power?

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Oligopoly - What You Must Know in 3 Minutes - Microeconomics

Oligopoly concepts that will help you understand the interdependency in markets where there are a few powerful sellers. In this video: 1. Oligopoly overview 2.
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