Competition Matters

Healthcare inquiry will make evidence-based recommendations
Foodcorp and Oceana fishing merger approved with conditions

Australian Competition and Consumer Commission issues annual report
Malaysian Competition Commission recommends fine for abuse of dominance in the steel sector

Foolishness here. This recently appointed telecom CEO in India (Dmitry Shukov of SSTL) has no qualms in telling a business journalist that “too much competition is bad for business”. You’d think he’d capitalise on this interview by explaining how he would offer a compelling value proposition to *consumers*. Instead of patronising Indian people (who are said to be emotional and enthusiastic!) and moaning about the government.

Thought leadership. A review of Tyler Cowen’s Average is Over. Interesting look at competition in the labour market. Income inequality will continue to rise in the US, but opportunity equality will increase, the book predicts.

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