In the News
Monopsony power - should car washes be licenced?
15th November 2018
This is an interesting article, because it counters the prevailing wisdom. For the most part, we talk about removing regulation - i.e. deregulation - to increase efficiency. However, in this case there's a call for increased regulation to stop 'modern slavery' - and, in essence, to protect employers abusing their monopsony position.
You might also like
Amazon agrees e-book pricing deal with major publisher
21st October 2014
Monopsony Power - Supermarket Bullies?
22nd October 2009
Labour Market Failure (Revision Presentation)
Teaching PowerPoints
What are the main factors of production?
Study Notes
Premier Foods - Are they exploiting their monopsony power?
5th December 2014
Demand for Labour (Labour Markets)
Study Notes
Elasticity of Labour Demand (Labour Markets)
Study Notes