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Tag: Monopolistic competition

Who Is Making Money on Your Concert Ticket?

July 1, 2024July 1, 2024 ~ EconEye Admin ~ Leave a comment

The Justice Department alleges that Live Nation suffocates competition in ticket promotion and venues, which drives up Ticketmaster prices.—ft.com, May 23, 2024 A $100 ticket is split between the artist $90 and the promotor $10. The $25 ticket is split between Ticketmaster $5 and the Venue $20

Chocolate Makers’ Prospects Sour as Cocoa Prices Spike

August 24, 2023 ~ EconEye Admin ~ Leave a comment

The chocolate industry has enjoyed bumper profits and higher prices recently, but retailers are starting to push back on high-quality chocolate producers. Consumers are looking for deals, and lower priced 'private label' chocolate is picking up market share. Now cocoa prices are rising as cocoa producers face ongoing drought and disease.—reuters.com

Eye On

  • A Game in the Market for Music Streaming
  • Kevin Warsh and the Monetary Base
  • The United States Exports Oil to Europe
  • The Highly Competitive Dairy Farming Market in Britain
  • California’s $20 Minimum Wage: More Applicants, Fewer Jobs
  • Federal Reserve cuts rates to three-year low after fractious meeting
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Economics in the News

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  • Washington’s Millionaires Tax and Income Inequality
  • Japan Updates its CPI Basket
  • Higher-Than-Expected Inflation Lowers the Real Interest Rate
  • The American Shopper in Japan
  • Why Doesn’t Arbitrage Eliminate the Price Difference?
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Econ News Stories

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  • Hand Sanitizer on Tap
  • The Biggest Fall in GDP the UK has Ever Seen

Expanding your PPF

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Student Questions

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