Graeme's

11 reasons free markets are not

Posted by Graeme in Economics at 12:43 pm on Thursday, 1 February 2007
  1. Most markets are oligopolies dominated by a few companies). For a market to be able to ensure sufficient competition individual companies should be not be able to significantly influence market prices. Economics text books acknowledge this.

    2. (more…)

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No competition please!

Posted by Graeme in Economics at 8:48 am on Thursday, 1 February 2007

Yet another example of the public sector being asked to get out of the way so the private sector can do a worse job. The BBC is restricting its downloads using DRM, in order to avoid competing too much with commercial broadcasters. (more…)

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