McDonald’s’ Beef with the Meat Industry
In 2022, McDonald’s came under fire for charging $16 for Big Mac meals in some cities. At the time, McDonald’s made vague references to supply chain problems and promised to…
Taylor Swift Fans See Red
Photo by Omid Armin on Unsplash The intersection of supply and demand is perhaps one of the most basic elements of economic theory, and for disappointed Swifties, now likely a…
“Ticketmaster – Live Nation” Merger using dynamic pricing; hurting fans!
Image by Pexels from Pixabay The merger between Ticketmaster and Live Nation was approved with stipulations by the Department of Justice back in January 2010. Reuters reported that Live Nation…
Big Techs with Antitrust Concerns
The CNBC video provides a succinct summary of why and how antitrust laws were enacted by the U. S. Congress to promote fair competition and to protect consumers from predatory…
Amazon Prime – an example of price discrimination?
Photo by Tumisu on Pixabay.com On Friday, February 18th 2022, the retail giant, Amazon is raising its “Amazon Prime” service rates for new customers from $119 per year to $139…
Record Sales!
Photo by Raphael Lovaski on Unsplash Over the past year, several world-famous musicians have sold their music catalogues for hundreds of millions of dollars. Most recently, Bruce Springsteen sold his music rights to…
Stop the Presses!
The Department of Justice has sued to block the merger of publishing companies Penguin Random House and Simon & Schuster. Under the proposed merger, Penguin Random House would acquire its…
AT&T to Sell WarnerMedia in Multi-Billion Dollar Deal with Discovery
In 2018, the telecommunications conglomerate AT&T purchased the media company Time Warner for a whopping $85 billion. Along with placing the telecom giant in prime position to reshape the entertainment…
Epic Legal Battle
Epic games, maker of the popular video game “Fortnite,” is suing Apple and Google for “anticompetitve conduct.” At the heart of their complaint are the fees charged by the companies…