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 ...
One of the more depressing pieces of economic analysis offered to us recently is that by Jason Furman and Alan Kreuger on the issue of monopsony in employment markets in the United States. One is ...
Over the past several years, policy makers and economists have increasingly voiced concerns about apparent labor-market monopsonies—markets in which employers have the power to set wages—in certain ...
Talk to almost anyone about the forces at work behind Western politics’ contemporary upheaval, and it will not take long for your conversation to reach the discontents of the working class. In the ...
The dangers of monopolies and trusts have long been clear. A company or an allied group that controls most sales of a good or service can use that power to set prices at an arbitrarily high level.
f there’s only one employer in town, the employee’s bargaining power is relatively low. That’s the empirical claim behind the idea that monopsony -- a monopoly of demand for employees by a single ...
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