supporting students studying Econ 3 and Econ 4 of the AQA Economics (2140) specification for examination in 2014.
Monday, 30 November 2009
Friday, 27 November 2009
Thursday, 26 November 2009
Wednesday, 25 November 2009
Monday, 23 November 2009
drug companies healthcare and profits
Natural Food Fight: Whole Foods and Health Care
John Mackey's Conscious Capitalism: The Whole Foods CEO on health care, veganism, and free markets
No American Should Have to Choose Between Health Insurance and Getting Drunk
What if Government Ran Health Care? (Sprint Ad Remix)
Obama to Citizens on Health Care: Send In All Fishy Emails
Friday, 20 November 2009
Wednesday, 18 November 2009
Monday, 16 November 2009
tobacco price fixing 2008
The six companies agreed to pay £132m to settle the charges with Gallaher, one of two tobacco manufacturers involved in the case, shouldering the lion’s share of the burden after agreeing to pay £93m.
The Times reports that “The six companies fined made prompt admissions of illicit competition practices in return for lenient fines.” - another example of game theory and the prisoners dilemma in action!
Coverage here
BBC news: Six firms fined in tobacco probe
The Telegraph: OFT’s hefty fines for tobacco price fixing
The Times: Supermarkets and tobacco firm are fined £173m for price fixing
Office of Fair Trading press release
The Times reports that “The six companies fined made prompt admissions of illicit competition practices in return for lenient fines.” - another example of game theory and the prisoners dilemma in action!
Coverage here
BBC news: Six firms fined in tobacco probe
The Telegraph: OFT’s hefty fines for tobacco price fixing
The Times: Supermarkets and tobacco firm are fined £173m for price fixing
Office of Fair Trading press release
Saturday, 14 November 2009
Thursday, 12 November 2009
Wednesday, 11 November 2009
airline industry
open skies agreement (reuters)
baa airports break up (reuters)
iberia ba merger (bbc)
iberia ba merger (bbc)
1200 job cuts at ba
baa airports break up (reuters)
iberia ba merger (bbc)
iberia ba merger (bbc)
1200 job cuts at ba
Tuesday, 10 November 2009
Monday, 9 November 2009
Sunday, 8 November 2009
regulators and regulatory capture
regulation is killing responibility (the guardian nov 2009)
regulators face enquiry over profits (the telegraph mar 2008)
too close to the firms they must police
regulators and their chiefs
Financial Industry:
FSA (The Guardian)
financial services authority
regulation (t2u google wave)
regulators face enquiry over profits (the telegraph mar 2008)
too close to the firms they must police
regulators and their chiefs
Financial Industry:
FSA (The Guardian)
financial services authority
regulation (t2u google wave)
Thursday, 5 November 2009
Tuesday, 3 November 2009
Monday, 2 November 2009
Collusion - Price Fixing
EU Competition Page
British Airways and Virgin Fuel Surcharge 2007:
£270m fine announced (bbc)
Q&A BA Price Fixing Investigation (BBC)
Willie Walsh Reaction (BBC video)
Supermarkets and Dairy Products 2007:
background (guardian)
brewing
background (bbc)
British Airways and Virgin Fuel Surcharge 2007:
£270m fine announced (bbc)
Q&A BA Price Fixing Investigation (BBC)
Willie Walsh Reaction (BBC video)
Supermarkets and Dairy Products 2007:
background (guardian)
brewing
background (bbc)
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