Warnings from Hachette that Amazon is trying to gain
monopoly pricing power are the equivalent of having someone with a rape conviction on their record say «Hey, baby, the guy you're thinking about is skeevy - looking, why don't we spend time together instead?»
«And it will be an important blow against
the monopoly pricing power of profit - driven arrogance of the pharmaceutical industry,» according to the campaign's website.
Not exact matches
Perhaps best of all: The firm essentially has a number of regional
monopolies around the country, and hence the
pricing power to generate some impressive margins.
And in the political sphere, finance has become the great defender of deregulating
monopolies and «freeing» land rent and asset -
price gains from taxation, translating its economic
power and campaign contributions into the political
power to capture control of public financial regulation.
(3) regulatory policy to keep the
prices charged by natural
monopolies such a railroads,
power and gas companies in line with actual production costs plus normal profit.
So the aim was not only to provide basic infrastructure needs freely or at subsidized
prices, but to prevent private owners from erecting tollbooths on roads and charging
monopoly prices for
power, phone systems (as in Telmex in Mexico or similar phone
monopolies in the post-Soviet kleptocracies).
To keep
prices low and hence national economies competitive, governments were to undertake society's largest spending programs: basic infrastructure such as transportation,
power production, communications — all of which happen to be natural
monopolies as well.
You can increase competition with anti-trust enforcement, and regulate natural
monopolies and both (in the case of the newly merged Time Warner Cable), create greater transparency of
prices, use government purchasing
power, restore previous
price controls (and please a federal usury law at no more than 15 %, to prevent debt bubbles of higher inflation).
It claims some missteps (Samuel's push for
price signalling bans on banking chiefs and his readiness to accept «the wholesale
monopoly» of the NBN), highlights some controversy (including the claims of conflict of interest regarding the DFO and the ACCC's pursuit of Richard Pratt) but concludes that overall «Mr Samuel's energy and focus have resulted in an expansion of the size and the
powers of the ACCC, which has also developed a clearer pro-market approach than it had under his predecessor, Alan Fels»
Unconscionable conduct (agrees with NFF that they have not provided protection and support reforms «to provide transparency in the supply chain» and recognise that «certain classes of suppliers... are predisposed to suffering from a special disadvantage...»; misuse of market
power (legal framework must «level the balance of market
power in negotiations...», «ensure transparency in the transmission of market
prices» and «not allow for final market risks to be borne by the primary producer» and provide «transparency of contract processes» - specifically, Canegrowers supports effects test and a process giving ACCC greater
power to «regulate anti-competitive behaviour and impose penalties», shifting «the decisions framework from the judicial system to a regulatory system» which would make it more accessible to small producers); collective bargaining (notes limits of Sugar Industry Act (Qld); authorisation and notification approval costly and limited and not a viable alternative - peak bodies should be able to «commence and progress collective bargaining with mills on behalf of their members» and current threshold too restrictive)» competitive neutrality (mixed outcomes - perverse outcomes in the case of natural
monopolies - suggest remove «application of competitive neutrality provisions to natural
monopoly essential services»)
With extraordinary buying
power and a complete
monopoly of the market, major supermarkets make sure the burden of costs falls disproportionately on producers, with most of the spare cash going towards profits, not reducing
prices.
When farmers get access to
price information, it can break the
monopoly of the local traders; distance learning makes good - quality education accessible; and people can use it to mobilize politically as they did in the people -
power movement that challenged former President Estrada in the Philippines.
A government in control of a single - payer health care system can exert
monopoly power against a manufacturer to drive
prices down, but the fragmented set of insurers and health plans in the United States can't do the same.
So, in the name of antitrust, the level playing field of the past two years — agency model e-books were
priced the same whether sold by Amazon, Barnes & Noble or independent bookstores — will likely revert to a situation where a near -
monopoly power determines
pricing and most other retailers see their already - smaller market share shrink.
Although Amazon has been considered a
monopoly as a seller of books, its
power as a monopsony — a large buyer that controls a significant portion of the market and drives
prices down — could be the root of the problem.
They feel that the DoJ settlement does nothing but increase
prices and help give
monopoly power to Amazon.
Look, if what they're into is maximizing profits, then if they were to have a
monopoly there'd be no rationale not to use the
monopoly power to increase
prices to consumers.
Now that Trad Pub capitulated, problem solved, and everyone can return to making money — Trad Pub still can retain the
power as gatekeepers that will maintain their effective
monopoly over content, Amazon gets to make lots of money and satisfy their lower
priced segment with its own offerings, and indies can scrounge for pennies.
Apple, which was selling no ebooks at the time, could not possibly have exercised
monopoly power to influence
pricing.
The reason it is attempting this gambit is it believes it has enough
monopoly power in the industry to seize control of the
pricing structure in digital books.
Kurt Kara explains in The Rational Investor that
monopolies and duopolies often possess a
pricing power.
Industries with
monopolies and duopolies are good places to look for value candidates that have a natural (sometimes legally secured)
pricing power.
A labor union is an organization seeking a
monopoly on the supply of labor, with the express purpose of using this
power to constrict supply and raise
prices (i.e. wages).
In law, a
monopoly is a business entity that has significant market
power, that is, the
power to charge overly high
prices.
To date all operating nuclear
power plants were developed by state - owned or regulated utility
monopolies [2] where many of the risks associated with construction costs, operating performance, fuel
price, and other factors were borne by consumers rather than suppliers.
(Whatever the size of the necessary size of the one - time increase in annual fees, that's the way to get the necessary automating of routine legal services without worry as to loss of independence and ownership whose purpose is to control the market for
monopoly power that dictates
price.
They prohibit a variety of practices that restrain trade, such as
price - fixing conspiracies, corporate mergers likely to reduce the competitive vigour of particular markets, and predatory acts designed to achieve or maintain
monopoly power.