The consumer watchdog finds Australia's supermarkets are more profitable than their global peers and the two majors don't ...

Diane Coyle suggests ways to account for “free” digital services in economic frameworks, considers how to prevent the ...

Investopedia contributors come from a range of backgrounds ... Learn about our editorial policies A monopoly and a monopsony signify conditions of imperfect competition, where a single entity ...

Urban Company’s service that supplies domestic workers within 15 minutes may prove beneficial, no doubt. But a dominant ...

Australia’s biggest supermarkets maintain the sector is highly competitive, while a former ACCC chair has come out swinging ...

"Coles and Woolworths are able to exercise monopsony power in their trading relationships with many suppliers in these supply chains," the ACCC found. "All else being equal, the more highly ...

The competition watchdog has resisted calls for powers to break up big supermarkets, while calling for transparency to tackle ...

The report said “substantial information asymmetry” exists between Coles and Woolworths and their suppliers, which has led to “monopsony power”, which means the supermarkets purchase such ...