Tag: monopoly
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Why Creatives Deserve More Than Just Crumbs from the Table
The ongoing debate about the value of creative work versus what the market deems it worth is both complex and multifaceted. At its core, detractors argue that creativity is unjustifiably privileged, suggesting that non-creative labor deserves the same level of attention and compensation. Yet, the primary issue goes beyond the simple dichotomy of creative versus…
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Economic Termites: A Closer Look at the Invisible Monopolies Affecting Our Daily Lives
**Economic Termites**: The term might sound odd at first, but it’s a fitting description of small-scale, often unnoticed monopolies that gnaw at the fabric of our economy. These monopolies might not dominate headlines like the big tech giants, but their influence can be just as pervasive. They operate quietly yet powerfully, affecting daily business operations…
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The RealPage Scandal and Its Broader Implications for the Rental Market
The recent FBI raids on RealPage, a significant player in the rental pricing strategy sphere, have thrown the spotlight on a new and insidious form of market manipulation—algorithmic collusion. In essence, RealPage’s software has allegedly been used to artificially inflate rental prices across a substantial portion of the rental housing market. Given RealPage’s extensive client…
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The Fight Against Monopoly: DOJ Takes on Live Nation-Ticketmaster
The recent announcement by the US Justice Department to seek the breakup of Live Nation-Ticketmaster has elicited a wave of responses, reflecting a mix of relief, skepticism, and hope among music enthusiasts and industry insiders. One user highlighted the frustration with excessive fees associated with ticket purchases, signaling a common sentiment shared by many concert-goers.…