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Special Report on

Public Competition or Price Controls?

public competition or price controls special research report Photo by consumerist.com
The announcement that the Fed is raising the discount rate from 1/2% to 3/4% triggered a reaction in the financial markets with bond traders apparently expecting further tightening in the form of rising interest rates. Various people ranging from Mark Thoma to Jim Hamilton declaring that this is not a tightening but an adjustment to other changes such as their raising the amount they plan to pay on reserves banks park at the Fed, which is arguably a sort of tightening. I agree that the discount rate is not a tightening and is not in itself a sign of likely more tightening per se. However, it is a fact that the Fed is in a ...
With the US actions seen as initiating the oil embargo and the long term possibility of high oil prices, disrupted supply and recession, a strong rift was created within NATO . Additionally, some European nations and Japan sought to disassociate themselves from the US Middle East policy. Arab oil producers had also linked the end of the embargo with successful US efforts to create peace in the Middle East, which complicated the situation. To address these developments, the Nixon Administration began parallel negotiations with both Arab oil producers to end the embargo, and with Egypt, Syria, and Israel to arrange an Israeli pull ...
REVIEWS AND OPINIONS
王不留行: KENYA: Short-term gains of price controls outweighed in ...
NAIROBI, 30 June 2010 (IRIN) - If a new bill seeking price controls on maize, wheat and other essential commodities is implemented, it may benefit the poor who have been priced out of food in the short term but is unsustainable in the long term, warn analysts. Kenya's parliament recently passed the Price Controls (Essential Goods) Bill, which is awaiting presidential approval. "The goal of having low stable prices is noble; it benefits the poor and supports growth. However, I do not think that price controls are the best policy option," Dickson Khainga, head of the macroeconomics division at the Kenya Institute for ... market research, surveys and trends
Adam Levitin on Interchange Price Controls:
.  From reading the post, it is not clear if he is just defending price controls in the abstract or whether he is actually defending the particularities of the Durbin Amendment.  My reading is that this piece is only the former.  Obviously someone writing in that context has limited space and limited reader attention, so I wouldn’t necessarily infer anything about whether he defends the details.  Given that some of the details are really quite indefensible (and in my view highly indicative of the real rent-seeking motivation behind the whole law), however, I would be interested to know at some point whether Adam’s defense ... market research, surveys and trends

SURVEY RESULTS FOR
PUBLIC COMPETITION OR PRICE CONTROLS?

EconoSpeak: Remembering the 1970s' Energy Crisis
This week I discovered an interesting International Monetary Fund webpage that provided a brief history of the oil crisis of the early 1970s. I quote from one of their pages: "The fourth Arab-Israeli conflict broke out in October 1973. Over the next three months, the price of crude oil shot up 300%! Global energy and financial crises ensued." [1] It was all very simple, according to the IMF. Anger towards the Netherlands and the Unites States because of their judged undue level of sympathy for Israel and also (as mentioned later) because the price of oil had not risen in line with other world commodities at the time. industry trends, business articles and survey research
Medical Progress Report 1 | Are Drug Price Controls Good for Your ...
Now that the Medicare Prescription Drug, Improvement and Modernization Act (MMA) of 2003 provides senior citizens with drug insurance coverage beginning in 2006, several political and special-interest groups have expressed the opinion that the Medicare program should use its immense bargaining power to negotiate prices directly with drug manufacturers. While the MMA, as enacted, forbids such direct negotiation, a modification allowing direct Medicare negotiation is now under consideration. Specifically, proponents such as the American Medical Association and the AARP want the government to reduce drug prices paid by Medicare to ... industry trends, business articles and survey research
RELATED NEWS
NoChokePoints Coalition Slams AT&T for Rate Hikes

WASHINGTON, June 30, 2010 – AT&T’s special access lines are set for price hikes, and the NoChokePoints Coalition says FCC regulation of this “is essential to the health of our information economy.” The coalition held a teleconference panel discussion Tuesday to call on the FCC to take action and regulate what it says is a rapidly developing monopoly. “Move special access back to the front burner,” said coalition Executive Director Colleen Boothby. When SBC merged with AT&T in 2005 for $16 billion, it became the largest phone company in the United States. When AT&T spent $67 billion to acquire ... market trends, news research and surveys resources
Digital River Extends E-commerce Relationship with Capcom Entertainment
a leading provider of global e-commerce solutions, today announced that the company has signed a two year contract extension with Capcom Entertainment, Inc., a leading worldwide developer, publisher and distributor of interactive entertainment. Under the agreement, Digital River will continue to manage Capcom's online store at http://shop.capcom.com to support the sale and physical delivery of Capcom Entertainment products in North America. In addition, Digital River is providing added e-marketing services and optimized e-commerce and distribution capabilities to ... market trends, news research and surveys resources

INFORMATION RESOURCES

Professor Modigliani on price controls: the baleful influence of ...
compiled American economists' responses to 27 different public policy issues, ... agreement as to the harmfulness of price controls. In the Frey et al. ... that rarely or virtually never occurs in the real world), monopolists, or ... where government mismanagement and restrictions on competition are the ... technology research, surveys study and trend statistics
Competition and the Effects of Price Controls in Hawaii's Gasoline ...
Thank you for the opportunity to share the Federal Trade Commission staff's views on the likely effects of price controls and other policies in Hawaii's gasoline market. (1) The Federal Trade Commission is charged by statute with preventing unfair methods of competition and unfair or deceptive acts or practices in or affecting commerce. (2) Commission staff have had considerable experience assessing the competitive impact of regulations and business practices in the petroleum industry, including the petroleum industry in Hawaii. (3) On numerous occasions, the Commission staff have offered comments on proposed state ... technology research, surveys study and trend statistics
The Benefits of Imperfect Competition under Price Controls
Kev words: price controls, queuing, black market, imperfect competition, ..... In a typical price-controlled economy, public anxiety seems to be ...
REAL TIME
PUBLIC COMPETITION OR PRICE CONTROLS?
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QUESTIONS AND ANSWERS
ICANN again opens the Pandora's box of Tiered Pricing for Domain Names
Existing gTLD contracts have an "equal treatment" clause, though, that permits registry operators to copy terms that are accepted by ICANN in other gTLDs. Section 3.2.b) of the .com registry agreement [ icann.org ] states: ICANN shall not apply standards, policies, procedures or practices arbitrarily, unjustifiably, or inequitably and shall not single out Registry Operator for disparate treatment unless justified by substantial and reasonable cause. Thus, existing gTLDs like .com which do have price controls would be able to have those price controls removed if the draft contracts for new gTLDs are adopted as-is. This would ...
WikiAnswers - How do you price your products or services
Here is advice on pricing strategy for small businesses from the Federal Consumer Information Center and the Small Business Administration: Pricing your products and services There are several pricing strategies. Select the strategy that will make your goods or services the most competitive and will help you reach your profit goals. Retail cost and pricing A common pricing strategy for small businesses is to simply follow the manufacturer's suggested retail price. The suggested retail price is easy to use, but it doesn't adequately account for the element of competition. Pricing below competition This strategy reduces ...