Has China, the world's leading polluter reached peak emissions? And if so, has its journey to net zero emissions begun. This Bloomberg clip looks at how China got to account for 30% of carbon ...
Sustaining and disruptive innovations are two distinct types of innovation that impact markets differently, often influencing the trajectory of businesses and industries. Here are the key differences, ...
Market power refers to a firm's ability to influence the price, output, or other market conditions in its favour, without being constrained by competitive forces. Firms with significant market power ...
Monopoly power allows a single firm to dominate a market, giving it significant control over pricing, supply, and market conditions. While monopolies can sometimes drive innovation and efficiency, the ...
While monopolies often attract criticism for their negative effects on markets and consumers, there are several potential advantages that a monopoly can provide under certain circumstances. Here are ...
The main difference between horizontal collusion and vertical collusion lies in the relationship between the firms involved and their positions in the supply chain. Here's a detailed explanation of ...
Price-fixing cartels often collapse due to internal and external pressures that make it difficult to sustain coordinated behavior over time. These pressures include the temptation to cheat, market ...
This study note looks at the importance of non-price competition in an oligopoly. Non-price competition refers to strategies that firms use to compete without changing the price of their goods or ...
When a few large firms dominate a market there is always the potential for businesses to seek to reduce uncertainty and engage in some form of collusive behaviour In an oligopoly, collusion refers to ...
How successful has the HPV vaccine been in England? Using this OurWorldinData graph, (you may need to scroll down to find 'Cervical Cancer rates declined in England... ), then answer the following ...
The UK music industry is hitting the high notes economically, but beneath the headlines of record-breaking revenues lie significant challenges that could disrupt the rhythm of this vibrant sector. The ...
Pizza Hut is trying to find ways of adjusting to the higher employer National Insurance Contributions and the higher NMW it needs to pay after the Budget. The rise in NICs from 13.8% to 15%, combined ...