Eureka Street

Keywords: Monopoly

AUSTRALIA

Coles, Woolies and the battle for the basket
- Claire Heaney
- 13 December 2024
For years, Coles and Woolworths have been accused of squeezing both producers and shoppers in equal measure. With new regulatory changes on the horizon and a web of inquiries underway, the supermarket duopoly finds itself under unprecedented scrutiny. But will these reforms actually lower grocery bills?
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INTERNATIONAL

Google’s monopoly money
- David Halliday
- 19 August 2024
1 Comment
After a year in court, a U.S. Judge concluded that Google has a monopoly over search and had illegally maintained its monopoly by making massive payments to other companies to be their default search engine. Everyone in tech is quietly watching for what happens next, because how the U.S. Department of Justice treats Google will set the example for the other giants standing astride the world.
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ECONOMICS

Review: The Shortest History of Economics
- David James
- 22 March 2024
Economics may be useless for forecasting, and its assertions can be overly simplistic. But it is a language that should be understood, and here is a good place to start. In simple and clear prose, Leigh spans the history of human economic activity, beginning in prehistoric times and ending with the modern day.
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ECONOMICS

Taking care of business
- David James
- 06 July 2023
2 Comments
Why does society often overlook the passion, creativity, and dedication that underpin smaller businesses? As the public's perception leans towards the unfavourable side, is there a need to shift our focus and truly acknowledge the value and contributions these businesses make in our daily lives?
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CARTOON

Mind the gap
- Glen le Lievre
- 12 October 2022
1 Comment
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MEDIA

Best of 2021: Facebook unfriends Australia
- Binoy Kampmark
- 11 January 2022
1 Comment
Instead of retaining its control of a fruit market, or preserving an oil monopoly, Facebook harnesses another resource: data. Any regulator or sovereign state keen to challenge the way the Silicon Valley giant gathers, monetises and uses that data will face their ire.
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ECONOMICS

Best of 2021: Why corporatism, not capitalism, is the root of social harm
- David James
- 04 January 2022
3 Comments
There really is no such thing as ‘capitalism’ — or rather there are so many capitalisms that the word is altogether too imprecise to be useful. A much better term to identify the problems, even evils, of modern developed economies is ‘corporatism’. This can be precisely identified and its transgressions and general harm are getting worse.
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ECONOMICS

Why corporatism, not capitalism, is the root of social harm
- David James
- 06 July 2021
16 Comments
There really is no such thing as ‘capitalism’ — or rather there are so many capitalisms that the word is altogether too imprecise to be useful. A much better term to identify the problems, even evils, of modern developed economies is ‘corporatism’. This can be precisely identified and its transgressions and general harm are getting worse.
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ECONOMICS

Finding a new business model for big tech monopolies
- David James
- 09 March 2021
5 Comments
Social media companies are adopting a strategy that may go down in history as among the worst corporate mistakes ever. Google and Facebook are now monopolies and, like all monopolies, they no longer see their main interest as serving customers but rather to capture governments in order to protect their market dominance.
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MEDIA

Unfriending Australia: Facebook takes action
- Binoy Kampmark
- 23 February 2021
2 Comments
Instead of retaining its control of a fruit market, or preserving an oil monopoly, Facebook harnesses another resource: data. Any regulator or sovereign state keen to challenge the way the Silicon Valley giant gathers, monetises and uses that data will face their ire.
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MEDIA

Dissecting Australian media's Trump moment
- Eliza Berlage
- 22 May 2019
5 Comments
Morrison heralded his win as a 'miracle' and the media ran with it, leading to headlines like 'Messiah from the shire'. But while it was unexpected to those reporting on it, a look at deeply divided and change-averse Australia makes the Coalition win seem less remarkable.
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RELIGION

Wrestling with the sacking of Israel Folau
- Chris Middleton
- 07 May 2019
31 Comments
Folau is a lay minister in his church. There is no doubt that he, as an evangelical Christian with a literal understanding of the text, believes a whole lot of people will go to hell unless they repent. His sacking raises questions around important issues in a society that values diversity and that promotes inclusivity and tolerance.
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Keywords: Monopoly