The answer, in most cases, was the East India Company’s local branch officer. The London office of the company didn’t concern itself with Indian politics. Roy says that as long as trade continued, the Board was happy and didn’t interfere. Since there was very little communication between...
Competition refers to a situation in the economy where different firms content for the limited resources in a given time. Competition is essential as it enables companies to listen to their customers' grievances, leading to the production of quality products in the market. There are different ...
by decrees of their assembly set a premium of £40 on every Indian scalp and every captured red-skin: in 1720 a premium of £100 on every scalp; in 1744, after Massachusetts-Bay had proclaimed a certain tribe as rebels, the following prices: for a male scalp of 12 years and upwards...
Sometimes one company produces the total output of a given good or service in a region or a country. Local telephone companies in the US were monopolies in their region but that is no more….Consumers do not know how much it costs for an apple to be produced. In a monopoly, any price...
Several Chinese companies will have fines levied against them stemming from 43 acquisitions that were said to breach the country’s anti-monopoly regulations.
There is high competition in ad-tech: Advertisements Google noted that media companies like Comcast and Disney, retailers like Walmart and Target, and specialized ad tech companies like Criteo, Index Exchange, and Trade Desk—all offer online ad services. It also noted that PayPal, Costco, and...
Monopolies are likewise one factor Americans pay absurd costs for health care: 80% of the nation’s health center markets are now reported to be “extremely focused”; less competitors suggests companies get away with charging greater rates. It is definitely bonkers that the ...