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.
Julie Young is an experienced financial writer and editor. She specializes in financial analysis in capital planning and investment management. Investopedia / Mira Norian A monopsony features a single ...
You hear it claimed relatively often today that low wage employers have monopsony power. For example, this is a sometimes cited explanation for the claim that there is no disemployment effect of the ...
Amazon is raising the minimum wage for all its U.S. workers to $15 per hour, a decision that follows backlash from labor rights groups over the company’s pay and working conditions. As giant firms ...
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 ...
This article first appeared in the Planet Money newsletter. You can sign up here. This is Part 2 of the Planet Money newsletter's series on "monopsony power." The first story centered on the labor ...
Here’s today’s AdExchanger.com news round-up… Want it by email? Sign up here. Who Wants To Play Monopsony? This week, a US judge blocked a merger between Penguin Random House and Simon & Schuster, two ...
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