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Books > Business & Economics > Business & management > Ownership & organization of enterprises > Monopolies
No antitrust case in recent history has attracted as much public
attention as U.S v. Microsoft Corp. Nor has any antitrust case in
memory raised as many complex, substantive issues of law, economics
and public policy. Microsoft, Antitrust and the New Economy:
Selected Essays constitutes an early effort to analyze some of the
central issues and to put the case in the context of the ongoing
debate over the role of government in managing markets - especially
in technology driven New Economy industries.
This book is a key example of the emergence of public choice theory by an economist who was to become one of its major exponents. It combines a detailed, critical study of the Monopolies Commission, with an analysis of the economic issues involved in monopoly supervision and control.
The Japanese government is becoming less involved in shaping industrial policy - but what does this imply for the openness of Japanese markets to foreign competition?;In an extensive study of "post-development" Japan, Ulrike Schaede argues that, contrary to what many have suggested, the reduced role of government regulation may not result in more open markets. Instead, as has happened throughout Japanese history, deregulation and the recession of the 1990s have once again led Japanese trade associations to assume important regulatory functions of their own. They do this through "self-regulation" - setting and enforcing the rules of trade for their industries, independent from the government. As a result, many Japanese markets are now effectively governed by incumbent firms, in particular in terms of structuring the distribution system. As the record of post-war antitrust enforcement reveals, Japan's antitrust system considers most activities of self-regulation, other than outright price-fixing, as legal.
The Brand-Driven CEO demonstrates how senior leadership can use their brand to align and guide the behaviors, decisions, and operations of their entire organization in order to drive value. David Kincaid delivers practical assessments and game plans for senior executives and managers across functional areas, clarifying the confusion between brand and marketing management. He introduces the "New 4Ps" of brand management: People, Process, Intellectual Property, and Partnerships. This paradigm shift equips business leaders with a new approach to managing growth, profitability, risk, and sustainable value. Using real-life, current case studies from today's fastest growing and most valuable brands - including Starbucks, Apple, and BMW - this book reveals the critical importance of managing big businesses as integrated business systems. The Brand-Driven CEO includes criteria to conduct your own brand self-assessment and a stepby-step roadmap that can be applied to help transform your brand and its management.
**Winner of the UALE Book Award 2021** Amazon is the most powerful corporation on the planet and its CEO, Jeff Bezos, has become the richest person in history, and one of the few people to profit from a global pandemic. Its dominance has reshaped the global economy itself: we live in the age of 'Amazon Capitalism'. 'One-click' instant consumerism and its immense variety of products has made Amazon a worldwide household name, with over 60% of US households subscribing to Amazon Prime. In turn, these subscribers are surveilled by the corporation. Amazon is also one of the world's largest logistics companies, resulting in weakened unions and lowered labor standards. The company has also become the largest provider of cloud-computing services and home surveillance systems, not to mention the ubiquitous Alexa. With cutting-edge analyses, this book looks at the many dark facets of the corporation, including automation, surveillance, tech work, workers' struggles, algorithmic challenges, the disruption of local democracy and much more. The Cost of Free Shipping shows how Amazon represents a fundamental shift in global capitalism that we should name, interrogate and be primed to resist.
Ths book examines the efforts made by the British government of the period to lessen its dependence on American oil supplies, the emergence of Venezuela as the largest single British oil supplier in the early 1930s, and the changing structure of the oil industry both in the US and Europe. It draws almost entirely on primary sources.
This book is a key example of the emergence of public choice theory by an economist who was to become one of its major exponents. It combines a detailed, critical study of the Monopolies Commission, with an analysis of the economic issues involved in monopoly supervision and control.
This book addresses the fundamental issues underlying the debate over electric power regulation and deregulation. After decades of the presumption that the electric power industry was a natural monopoly, recent times have seen a trend of deregulation followed by panicked re-regulation. This important book critically analyses this controversial area from a legal and economic perspective.
Revolutions in Book Publishing uses dynamic methods to examine the evolution of the industry's transition from physical place to cyber space, analyzing the latest effects of technological innovations on the industry as well as their influence on distribution channels, market structure, and conduct of the industry.
An urgent and witty manifesto, Monopolies Suck "lucidly explains how monopolies threaten democracy, worsen inequality, and imperil the American Dream--and why it's more important than ever to take action" (David Cicilline). Something's not right. No matter how hard you work, life seems to only get harder. When your expenses keep going up but your income stays flat, when you're price-gouged buying medicine for your child's life-threatening allergy, when you live in a hyped-up state of fear and anxiety, monopoly power is playing a key role. In Monopolies Suck, antitrust expert and director at the Open Markets Institute, Sally Hubbard, shows us the seven ways big corporations rule our lives--and what must be done to stop them. Throughout history, monopolists who controlled entire industries like railroads and oil were aptly called "robber barons" because they extracted wealth from everyone else--and today's monopolies are no different. By charging high prices, skirting taxes, and reducing our pay and economic opportunities, they are not only stealing our money, but also robbing us of innovation and choice, as market dominance prevents new companies from challenging them. They're robbing us of the ability to take care of our sick, a healthy food supply, and a habitable planet by using business practices that deplete rather than generate. They're a threat to our private lives, fair elections, a robust press, and ultimately, the American Dream that so many of us are striving for. In this "accessible guide" (Zephyr Teachout, author of Break 'Em Up), Sally Hubbard gives us an easy-to-understand overview of the history of monopolies and antitrust law, and urges us to use our voices, votes, and wallets to protest monopoly power. Emboldened by the previous century when we successfully broke up monopoly power in the US, we have the tools to dismantle corporate power again today--before their lobbying threatens to undermine our economy and democracy for generations to come.
This book, first published in 1930 and reissued in 1968, treats a group of problems arising when competition is either precluded or limited. It examines absolute and limited monopoly; cases in which a few enterprises compete; cases in which two or three enterprises or organisations face one another as buyer and seller. The underlying general problem is the price in markets where there is only a limited number of enterprises.
This book, first published in 1905, examines the encroachment of monopoly upon the principle of competition in the industrialised world. It considers that competition is the life-blood of trade and commerce, and analyses the likelihood of the emergence of further monopolies and kartells. It also pays close attention to the actual law on monopolies and competition, as it stood in the UK, the USA, and Europe.
In today's world of interconnected and "always-on" information, companies that succeed are those that compete by leveraging strategic control points. A strategic control point is a part of a market that, if controlled by one party, can be used to leverage power elsewhere. This can occur throughout the supply chain, in a related business, or even in an unrelated market The Carrot and the Stick uses detailed examples and case studies - ranging from historic cases like Vanderbilt's railroad in New York to current cases like Amazon's control of the value chain - to explain how finding and leveraging points of strategic control can be the key to success in today's convergent, fast-paced markets. The book focuses on how to spot and own potential points of strategic control, how to extend them to multiple markets, what tools and processes can be implemented in order to utilize the principle in practice, and how to "pry loose" existing points of strategic control owned by others. Applicable to all industries, this book can help alter business outcomes.
This book addresses the fundamental issues underlying the debate over electric power regulation and deregulation. After decades of the presumption that the electric power industry was a natural monopoly, recent times have seen a trend of deregulation followed by panicked re-regulation. This important book critically analyses this controversial area from a legal and economic perspective.
This book, first published in 1928, was written at a time when the tendency in industry was towards the formation of large combines. With competition growing as markets and methods of communication grew, many manufacturers considered their only option was to unite in self-defence, setting up a movement that restrictive legislation was unable to check. This book analyses the proper relations between monopolistic combines and the State, and was the first to examine the German experience of organised monopoly, and the means used to prevent it from becoming a mere protection for inefficient producers.
This book, first published in 1930 and reissued in 1968, treats a group of problems arising when competition is either precluded or limited. It examines absolute and limited monopoly; cases in which a few enterprises compete; cases in which two or three enterprises or organisations face one another as buyer and seller. The underlying general problem is the price in markets where there is only a limited number of enterprises.
This book, first published in 1905, examines the encroachment of monopoly upon the principle of competition in the industrialised world. It considers that competition is the life-blood of trade and commerce, and analyses the likelihood of the emergence of further monopolies and kartells. It also pays close attention to the actual law on monopolies and competition, as it stood in the UK, the USA, and Europe.
Ths book examines the efforts made by the British government of the period to lessen its dependence on American oil supplies, the emergence of Venezuela as the largest single British oil supplier in the early 1930s, and the changing structure of the oil industry both in the US and Europe. It draws almost entirely on primary sources.
The control of monopoly and restrictive practices is an important
part of economic policy. The book discusses the general problem of
monopoly in modern industry and examines the evolution of British
policy towards monopoly and restrictive practices during the 20th
century. Comparable studies with European countries and the USA are
also included.
The days of boom and bubble are over, and the time has come to understand the long-term economic reality. Although the Great Recession officially ended in 2009, hopes for a new phase of economic expansion were quickly dashed. Instead, growth has been slow, unemployment has remained high, wages and benefits have seen little improvement, poverty has increased, and the trend toward more inequality of incomes and wealth has continued. It appears that the Great Recession has given way to a period of long-term anaemic growth, which Foster and McChesney aptly term the Great Stagnation.This incisive and timely book traces the origins of economic stagnation and explains what it means for a clear understanding of our current situation. The authors point out that increasing monopolization of the economy-when a handful of large firms dominate one or several industries-leads to an over-abundance of capital and too few profitable investment opportunities, with economic stagnation as the result. Absent powerful stimuli to investment, such as historic innovations like the automobile or major government spending, modern capitalist economies have become increasingly dependent on the financial sector to realize profits. And while financialisation may have provided a respite from stagnation, it is a solution that cannot last indefinitely, as instability in financial markets over the last half-decade has made clear.
A manifesto for our times. Barry C. Lynn, one of the most original and surprising students of the American economy, paints a genuinely alarming picture: most of our public debates about globalization, competitiveness, creative destruction, and risky finance are nothing more than a cover for the widespread consolidation of power in nearly every imaginable sector of the American economy. "Cornered" strips the camouflage from the secret world of twenty-first-century monopolies-neofeudalist empires whose sheer size, vast resources, and immense political power enable the people who control to direct virtually every major industry in America in an increasingly authoritarian manner. Lynn reveals how these massive juggernauts, which would have been illegal just thirty years ago, came into being, how they have destroyed or devoured their competition, and how they collude with one another to maintain their power and create the illusion of open, competitive markets. A confluence of small government zealotry and misguided efficient market theories has lead to a complete dismantling of government oversight of industry. Has that brought us the promised economic utopia? Just the opposite. For decades, the dominant elite has used the federal government to all but encourage companies to buy one another up, outsource all their production, and make their profits by leveraging their complete power over the market itself. Lynn makes clear it will take more than a lawsuit or two to overthrow America's corporatist oligarchy and restore a model of capitalism that protects our rights as property holders and citizens, and the independence of our Republic.Details how regular citizens can join together to beat the great powers, and how to do so by relearning the real history and language of our democratic republic.Includes stories of real people and real industries that show how monopolies threaten independent businesses, squelch innovation, degrade the quality and safety of products, destabilize vital industrial and financial systems, and destroy the fabric of democracyExplores monopoly power across a wide array of industries, including appliances, auto parts, beer, eyeglasses, medical supplies, pet food, surfboards, vitamins, and more.Demonstrates how the drive for ""always lower prices"" makes your job disappear, puts your small business out of business, and turns dreams of entrepreneurial success into impossible fantasies Lynn is that rarest of creatures, a journalist whose theoretical writings are taken very seriously by the top policymakers and economic thinkers in Washington and around the world. His work has been compared already to John Kenneth Galbraith and Peter Drucker. "The Washington Post" called Lynn's last book-on globalization-""Tom Friedman for grownups."" "Cornered" is essential reading for anyone who cares about America and its future.
Dynamic oligopolistic competition has implications both for the strategic management of firms and for the design of an effective competition policy. Consequently, the present book considers the issue from a private and social perspective. It discusses the potential pro- and anticollusive effects of long-term business strategies, especially for cooperation and reinvestment in production, financing and management compensation, in markets with fluctuating demand. The method of supergame theory is applied to integrate long-run decisions and different types of demand into the analysis. Aside from its contributions to the theoretical literature, the book provides valuable insights into the design of competition policy. The observed development of prices is an indicator of the extent of collusion in the market and can thereby be used to assess antitrust regulation in certain business areas, and to focus the resources of competition authorities on markets where conditions are conducive to collusion.
In August 1981, Music Television-now popularly known as MTV-was launched. Within a matter of years it revitalized a struggling record industry; made the careers of leading pop stars like Madonna, Boy George, Cyndi Lauper, and Duran Duran; infiltrated traditional network television and the movie industry; revolutionized the advertising industry; and stimulated purchases in several markets, most notably fashion apparel. The reach of MTV has proven long and profitable. In this book, Jack Banks examines the historical development of music video as a commodity and analyzes the existing structures within which music video is produced, distributed, and exhibited on its premier music channel, MTV. Who controls MTV? What part do record companies play in the financing and production of music video? How do the power brokers in the business affect the ideological content of music video? Given the tight sphere of influence within the music industry, what are the future trends for music video and for artistic freedom of expression? Banks tackles these questions in an intelligent, lively, and sophisticated investigation into one of the most influential media enterprises of our society. |
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