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Updated by John Dalesio on Feb 01, 2016
John Dalesio John Dalesio
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Microeconomics News - COMCO fines several airlines

The Competition Commission (COMCO) prohibits a price cartel in the context of air freight. Between 2000 and 2005 several airlines agreed on certain elements of the price for air freight transport. The COMCO fined the airlines 11 million Swiss Francs in total in connection with the agreement.

The adult-book premium

AT THE end of the week I'm heading off on a much-needed holiday. I'm intent on reading fiction while I'm gone. I've chosen parts two and three of the His...

How to Beat Online Price Discrimination

A new study found that major e-commerce retailers show some users different prices or a different set of results.

Iron ore prices and the shutdown point

Geoff Riley's recent post on the impact of falling iron ore prices on the Australian economy detailed some of the macroeconomic effects (falling GDP and exchange rate, rising unemployment) and...

UK steel makers seek government help - BBC News

UK steel manufacturers are urging the government to take steps to protect the industry in the face of what they describe as a 'perfect storm'.

Tobacco tax increase is urged | Economics | tutor2u

A fairly bog standard subject - should tobacco taxes be higher? This article reporting on the All-Party Parliamentary Group on Smoking and Health suggests that

Beijing to cut corn prices after distortions -

China is likely to cut the floor price at which the state buys corn from farmers, in a move to address the severe distortions caused by its overhang of grains reserves. China’s grains and cotton imports have soared as the overly high price paid by

There’s a Formula for Deciding When to Extract Fossil Fuels

We know how to put the market to work by unlocking fuels that have the highest value in relation to their impact on the climate.

The Elephantine cost of trade in Africa | Beyond the Bike | tutor2u

At the current rate of poaching, elephants will not exist in Africa in 12 years time’ Kelvin, educational officer for Game Rangers International(GRI), explains

Oil price tumbles to below $33 - BBC News

Oil prices tumble to below $33 a barrel on Thursday as a result of rising US energy stockpiles and China's weakening currency.

Morrisons cuts cost of basics as supermarket price war continues

Grocer to reduce more than 1,000 products in rolling programme of price cuts