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....The fallout from the scandal that brought down PR firm Bell Pottinger is spreading after the resignations of the chief executive, chairman and a string of top executives from the South African arm of KPMG, which audits companies owned by the controversial Gupta family. The resignations follow the publication of an investigation into the auditor’s work on businesses owned by the wealthy Guptas – who hired disgraced PR firm Bell Pottinger to run a secret campaign focused on “economic apartheid” and “white monopoly capital” – as well as for work for the South African Revenue Service. ... [Read full article on Guardian ]
Friday 15th of September 2017 12:21:12 PM
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.... He received a monthly fee from the agency for his services. Following the meeting Bell Pottinger took on a £100,000-a-month contract to work for Gupta-owned Oakbay Capital, led by Victoria Geoghegan, which resulted in the PR and social media campaign focusing on “economic apartheid” and “white monopoly capital” in South Africa. ... [Read full article on Guardian ]
Monday 18th of September 2017 11:31:52 AM
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Latest Finance News related to Monopoly

Bell Pottinger: father of executive at centre of scandal quits Rentokil board image
.... He received a monthly fee from the agency for his services. Following the meeting Bell Pottinger took on a £100,000-a-month contract to work for Gupta-owned Oakbay Capital, led by Victoria Geoghegan, which resulted in the PR and social media campaign focusing on “economic apartheid” and “white monopoly capital” in South Africa. ...
KPMG chiefs in South Africa quit amid Bell Pottinger scandal image
Source : Guardian [Read Article] Friday 15th of September 2017 12:21:12 PM
....The fallout from the scandal that brought down PR firm Bell Pottinger is spreading after the resignations of the chief executive, chairman and a string of top executives from the South African arm of KPMG, which audits companies owned by the controversial Gupta family. The resignations follow the publication of an investigation into the auditor’s work on businesses owned by the wealthy Guptas – who hired disgraced PR firm Bell Pottinger to run a secret campaign focused on “economic apartheid” and “white monopoly capital” – as well as for work for the South African Revenue Service. ...
Bitcoin is a fraud that will blow up, says JP Morgan boss image
Source : Guardian [Read Article] Wednesday 13th of September 2017 08:10:44 AM
....“Cryptocurrencies are a new asset class, one at war with fiat [paper] money, and that war will be fought on regulatory issues. Central banks are keen to preserve their monopoly on money, something they will not let go of without a fight. ...
Bell Pottinger Middle East bids to split from parent firm as administration nears image
....Bell Pottinger’s 'economic emancipation' campaign used traditional and social media, including​ a fake blog and​ Twitter account, to target wealthy white South African individuals and corporations. The agency’s alleged role was to stir up anger about 'white monopoly capital' and 'economic apartheid' to draw attention away from the wealthy​ Gupta family, who have been accused of benefiting financially from their links to President Jacob Zuma. ...
The Observer view on controlling the power of digital titans | Observer editorial image
.... These companies know ever more about us: our personal data is integral to their business model. They take the concept of monopoly to a new level; each digital platform, once dominant, creates an embedded advantage of being the only platform worth using, so making their market position unchallengeable. ...
PR execs behaving badly... What else would you expect? | Catherine Bennett image
Source : Guardian [Read Article] Saturday 9th of September 2017 11:04:21 PM
.... He had, as Wark pointed out, initially sent an email endorsing the deal. PRs at Bell Pottinger, the PRCA found, had promoted the interests of the powerful Gupta family, which is closely linked with that of President Jacob Zuma, by suggesting their critics represented “white monopoly capital”. ...
Bell Pottinger could go under within days, sources claim image
Source : Guardian [Read Article] Thursday 7th of September 2017 06:47:15 PM
....”. The Public Relations and Communications Association, the industry’s trade association, this week banned the firm from membership for at least five years after investigating a complaint from South Africa’s main opposition party that the PR firm sought to stir up anger about “white monopoly capital” and the “economic apartheid” in South Africa. ...
Maintenance debt weighs on my mind as a poorer student image
Source : Guardian [Read Article] Thursday 7th of September 2017 10:59:58 AM
....Ironically, most of my friends are jealous of my maximum maintenance loan entitlement. Many students don’t seem to realise that a maintenance loan isn’t monopoly money. ...
Bell Pottinger has toxified political debate in South Africa | Justice Malala image
Source : Guardian [Read Article] Wednesday 6th of September 2017 05:59:41 PM
.... The hardline party Black First Land First, for instance, has attacked journalists and demonstrated outside the homes of political activists who have spoken out against the Guptas’ hold over the presidency and the state. The atmosphere echoes Uganda under Idi Amin’s presidency during the 1970s, when citizens of Indian origin were cast as the “monopoly” capitalists of the time. ...
Bell Pottinger loses clients and staff in wake of South Africa scandal image
Source : Guardian [Read Article] Tuesday 5th of September 2017 05:13:28 PM
....Bell Pottinger’s 'economic emancipation' campaign used traditional and social media, including​ a fake blog and​ Twitter account, to target wealthy white South African individuals and corporations. The agency’s alleged role was to stir up anger about 'white monopoly capital' and 'economic apartheid' to draw attention away from the wealthy​ Gupta family, who have been accused of benefiting financially from their links to President Jacob Zuma. ...
Bell Pottinger investor walks away as South Africa row deepens image
Source : Guardian [Read Article] Tuesday 5th of September 2017 11:46:30 AM
....Chime, co-owned by US investment firm Providence Equity Partners and Sir Martin Sorrell’s WPP group, has given up trying to sell its 27% holding after a scandal over a Bell Pottinger campaign in South Africa severely damaged the agency. On Monday, the British PR trade body expelled Bell Pottinger from its ranks after the firm orchestrated a campaign to stir up anger about “white monopoly capital” and “economic apartheid” for one of South Africa’s wealthiest and most controversial families. ...
Progressives take note: Brexit means Brexit, so let’s create a vision for it | Ivan Lewis image
....Too many progressives continue to focus on overturning the referendum result. Their implication being that the 52% who voted to leave were wrong or misled while the 48% clearly had a monopoly on wisdom. ...
Bell Pottinger expelled from PR trade body after South Africa racism row image
Source : Guardian [Read Article] Monday 4th of September 2017 05:59:00 PM
....The Public Relations and Communications Association said Bell Pottinger was unethical and unprofessional, had brought the industry into disrepute and has banned the firm from its membership for at least five years. The punishment, unprecedented for a firm of Bell Pottinger’s size, was handed down after the PRCA investigated a complaint from South Africa’s main opposition party that the PR firm sought to stir up anger about “white monopoly capital” and the “economic apartheid” in South Africa. ...
'Potentially racially divisive': report censures PR firm Bell Pottinger image
Source : Guardian [Read Article] Monday 4th of September 2017 01:58:38 PM
....“Certain material that we have seen that was created for the campaign was negative or targeted towards wealthy white South African individuals or corporates and/or was potentially racially divisive and/or potentially offensive and was created in breach of relevant ethical principles,” said the law firm. The firm is accused of stirring up anger about “white monopoly capital” and the “economic apartheid” to draw attention away from the controversial Guptas, who run a media to mining conglomerate and have been accused of benefiting financially from their close links to the South African president, Jacob Zuma. ...
The rise of SnappCar, the business that lets you rent out your car image
Source : Guardian [Read Article] Monday 4th of September 2017 08:02:59 AM
....That said, he believes firms such as Zipcar – which has just launched a London service offering cheap hire for a one-way trip – are helping consumers accept a less formal way of hiring cars, because “the most challenging thing for a business like ours is to get car owners to share their car”. Like Airbnb breaking down the traditional hotel monopoly, van Tol thinks peer-to-peer car sharing gives more power to consumers and to owners: renters can pay less for an older car, for instance, while owners can (with full insurance cover) recoup part of their car costs. ...
Silicon Valley has been humbled. But its schemes are as dangerous as ever | Evgeny Morozov image
.... In fact, on many tech policy issues it’s now difficult to find unbiased academics who have not received some Big Tech funding. Those who go against the grain find themselves in a rather precarious situation, as was recently shown by the fate of the Open Markets project at New America, an influential thinktank in Washington: its strong anti-monopoly stance appears to have angered New America’s chairman and major donor, Eric Schmidt, executive chairman of Alphabet. ...
Amazon's tech-style takeover of Whole Foods: cheaper produce and 'farm fresh' Echos image
....One shopper, who gave her name as Celine, said she was unlikely to purchase peaches and the music-playing Echo at the same time, “unless I’m going to a barbecue”. She said that while she welcomed cheaper prices at the chain often derisively known as “Whole Paycheck”, she was also concerned that Amazon’s entry into the food business could also serve to put smaller retailers out of business, increasing the sense that the Seattle-based tech online shopping behemoth now enjoys monopoly-like power. ...
Bell Pottinger faces sanction over claims it stirred racial tension in South Africa image
....Bell Pottinger will be given a “disciplinary sanction” by the UK’s public relations trade body over allegations that the leading PR firm ran a secret campaign to stir up racial tension in South Africa on behalf of its billionaire clients. A Public Relations and Communications Association (PRCA) hearing last week heard allegations that Bell Pottinger sought to stir up anger about “white monopoly capital” and the “economic apartheid” in South Africa to draw attention away from the wealthy and controversial Gupta family, who have been accused of benefiting financially from their close links to the South African president, Jacob Zuma. ...
EasyJet could swoop for parts of Air Berlin as it goes into administration image
.... Now even the German government is supporting this Lufthansa-led deal with €150m of state aid. German customers and visitors will suffer higher air fares to pay for this Lufthansa monopoly. ...
Bell Pottinger faces hearing over claims it stirred racial tension in South Africa image
....Mmusi Maimane, leader of South Africa’s opposition Democratic Alliance party, has demanded that the British PR industry body censures Bell Pottinger for running a “hateful and divisive campaign to divide South Africa along the lines of race”. Bell Pottinger is accused of seeking to stir up anger about “white monopoly capital” and the “economic apartheid” in the country to draw attention away from the wealthy and controversial Gupta family, who are accused of exploiting their friendship with President Jacob Zuma to extract billions of dollars from the state. ...
Trial to phase in hydrogen as fuel to begin in north-west image
Source : Guardian [Read Article] Sunday 6th of August 2017 11:01:05 PM
....An investment decision in the early 2020s would mean construction starting in the middle of the next decade. As a regulated monopoly, Cadent’s costs would ultimately be borne by energy bill payers, though the regulator Ofgem would have to approve the anticipated £600m capital cost. ...
Mock chocs: is Poundland’s cut-price confectionery the answer to shrinkflation? image
.... Maltesers are now the 15% lighter way to enjoy chocolate, and there are five Creme Eggs in a pack rather than six, which is good news because they are disgusting. Fortunately, the shrinkflaters don’t have the monopoly on this sugary market. ...
Why is Google spending record sums on lobbying Washington? image
Source : Guardian [Read Article] Sunday 30th of July 2017 11:00:18 AM
....Given the increased antitrust scrutiny that is coming from the Democrats’ new “Better Deal” policy platform, Donald Trump’s random tweets attacking Google’s fellow tech giant Amazon for its connection to the Washington Post, and his adviser Steve Bannon’s recent comments that Google and Facebook should be regulated as utilities, it is likely Google will only increase its lobbying expenditure in the next few months. The largest monopoly in America, Google controls five of the top six billion-user, universal web platforms – search, video, mobile, maps and browser – and leads in 13 of the top 14 commercial web functions, according to Scott Cleland at Precursor Consulting. ...
'Disgusting and astonishing': how do the UK's top 1% view tax avoidance? image
.... Market pay tends to follow the principles of meritocracy – compensating for talent, effort and risk-taking (at least for 99. 5% of earners), whereas much of extreme wealth is inherited or the result of cronyism or monopoly. ...
Love Island is awful – but ITV's prospects are better | Nils Pratley image
Source : Guardian [Read Article] Wednesday 26th of July 2017 06:54:35 PM
.... Even so, live TV is still reckoned to account for 80% of overall viewing. That should mean that ITV’s virtual monopoly on primetime ad slots in Britain should remain a valuable asset for a while yet. ...
British American Tobacco to acquire Reynolds as activists decry merger image
Source : Guardian [Read Article] Wednesday 19th of July 2017 06:51:28 PM
....In fact, the two companies’ ties go back much further. At the beginning of the 20th century, the giant monopoly American Tobacco Company, headed by James “Buck” Duke, once controlled nearly all of the US tobacco market, including firms, such as Lucky Strike and Reynolds. ...
HS2 supporters boast of benefits – but costs keep going off the rails | Nils Pratley image
.... It would be hard to say the same about ITV. A near-monopoly on mass-audience commercial TV advertising spots offers imperfect protection in the era of audience fragmentation, digital downloads and Netflix. ...
British PR firm Bell Pottinger apologizes for South Africa campaign image
Source : Guardian [Read Article] Monday 10th of July 2017 07:42:03 PM
....He and Victoria Geoghegan, a Bell Pottinger partner, met to discuss a campaign which Zuma said should be “along the lines of #EconomicEmancipation or whatever” with a “narrative that grabs the attention of the grassroots population who must identify with it, connect with it and feel united by it”. Subsequently, Jacob Zuma took to speaking of “white monopoly capital”, claiming that it was behind calls for his resignation, and promising to break up white ownership of land and business. ...
Heathrow hotel operator drafts £6.7bn cheaper third runway plan image
Source : Guardian [Read Article] Sunday 9th of July 2017 02:42:29 PM
....Arora said his alternative plans for a third runway and new terminal would involve less disruption to local communities, partly because a smaller amount of land would be required. “We want passengers to be at the heart of our plans and the current monopoly at Heathrow, which over-charges airlines and in turn raises fares for passengers, is not the right model for the future,” Arora said. ...
The Guardian view on Murdoch’s Sky takeover: not a done deal | Editorial image
.... Fox-Sky would be a Goliath seeking to trap users within its digital walls. Media plurality needs addressing, but without recognising a monopoly in the making, equivocal remedies will make a bad situation worse. ...
The Guardian view on the EU’s Google judgment: firm and fair | Editorial image
....The breathtaking fine of €2. 4bn that the European commission has imposed on Google for exploiting its virtual monopoly of search is shocking and welcome. ...
Tory pledge to cap energy bills missing from Queen's speech image
Source : Guardian [Read Article] Wednesday 21st of June 2017 03:57:48 PM
....The Liberal Democrats, who did not back a cap in their manifesto, said the Conservative policy had been “pure economic illiteracy”. “The best way to bring down bills is to break up the monopoly of the ‘big six’ and encourage new entrants to the energy market,” said Lynne Featherstone, the party’s energy spokesperson. ...
Google 'faces €1bn-plus fine' from EU over market dominance image
Source : Guardian [Read Article] Friday 16th of June 2017 10:14:33 AM
....It follows the commission’s decision to force Apple to pay Ireland €13bn in unpaid taxes as a consequence of the regulator finding that the tech giant’s tax regime in Ireland had been a form “illegal state aid”. A financial sanction for abuse of a monopoly position is capped at a maximum of 10% of the total revenues of the company involved, which in the case of Google’s parent company, Alphabet, was $90bn last year. ...
Taming the giants image
Source : BBC [Read Article] Thursday 8th of June 2017 11:38:02 PM
Security firm asks EU to investigate Microsoft image
Source : BBC [Read Article] Tuesday 6th of June 2017 01:43:21 PM
....". Kaspersky initially filed a complaint against Microsoft with Russia's Federal Anti-monopoly Service (Fas). ...
Sir Stelios Haji-Ioannou pledges to give half of £2bn fortune to charity image
.... He also funds unspecified projects in the tax haven of Monaco, where he lives. “I guess my belief is that nobody has a monopoly on good charitable ideas and the problems in our world will never all go away,” he said. ...
BA’s failures fly in the face of ‘customer as king’. This is the new normal | Peter Fleming image
.... For the lucky ones, a customer might get to choose between providers. Unfortunately we’re currently witnessing a massive resurgence of “monopoly capitalism”. ...
UK's biggest solar company takes shine to global projects with deals worth £3bn image
.... They need more power. It was a monopoly and it’s now privatised and more competitive,” said van den Heuvel. ...
Bernie Madoff photos offer rare glimpse of convicted fraudster in prison image
....Both Dreyfuss and De Niro listened to the tapes as they prepared for their performances. The podcast reveals intimate details of Madoff’s life in captivity, including the memorable fact that Madoff has established a monopoly inside Butner over hot chocolate – he bought up every packet from the prison shop and traded them at a profit with other inmates. ...
Facebook fined £94m for 'misleading' EU over WhatsApp takeover image
Source : Guardian [Read Article] Thursday 18th of May 2017 08:56:52 AM
....The commission assess mergers using the metric of turnover, which critics say fails to capture the potential of a tech startup with zero revenues, but big potential. Consumer organisations are pressing for Brussels to take account of the number of consumers affected by a merger to assess whether it would create a monopoly. ...
KitKat foiled again in attempt to trademark four-fingered bar's shape image
Source : Guardian [Read Article] Wednesday 17th of May 2017 09:31:17 AM
....“The court were . concerned that if they granted the trade mark, Nestlé would have a potentially permanent monopoly on the four-finger shape, which they felt would be unfair given that KitKat had never used the shape alone to promote KitKats. ...
Labour and National Grid image
Source : BBC [Read Article] Thursday 11th of May 2017 03:35:47 PM
.... . Being a natural monopoly gives businesses enormous market power, which means that they must be regulated. ...
Adam Crozier will leave ITV looking a picture of health image
Source : Guardian [Read Article] Wednesday 3rd of May 2017 06:50:32 PM
.... Yet more of the same is a perfectly credible script. ITV generates lots of cash and UK advertisers – even in the current weak market – can’t ignore its virtual monopoly on commercial prime-time TV audiences. ...
Qualcomm says Apple withholding royalty payments amid legal row image
....". Apple's legal action in January followed a complaint by the Federal Trade Commission, a US regulator, alleging Qualcomm had used "anticompetitive practices" to maintain a monopoly over key technology. ...
Reacting to technological threats isn't enough – we need to plan for them | Michael Boskin image
....Modern information technology, moreover, tends to be dominated by just a few firms: Google, for example, is literally synonymous with internet search. Historically, such a concentration of economic power has been met with pushback, rooted in fears of monopoly. ...
Google takes Android search blow in Russia image
Source : BBC [Read Article] Monday 17th of April 2017 04:20:19 PM
....Shares in Google's local Russian rival, Yandex, rose more than 7% on the news. It brings to an end a long-running battle between the US firm and Russia's competition regulator, the Federal Antimonopoly Service (FAS). ...
Black market image
Source : BBC [Read Article] Saturday 1st of April 2017 11:30:24 PM
....For many tea traders in Britain, buying smuggled tea made sense, says Derek Janes, a history researcher at Exeter University. "Britain's own East India Company had a monopoly on tea imports, so if an Edinburgh merchant wanted to buy it you had to go to London, you had to pay to bring it back to Scotland - and you had to pay upfront. ...
Cool your jets, Michael O'Leary – Brexit unlikely to ground Ryanair | Nils Pratley image
....Margrethe Vestager, the EU competition commissioner, is adamant: the decision to block the £21bn merger between the London Stock Exchange and Deutsche Börse had nothing to do with Brexit. Nobody can prove otherwise, of course, since the commission has wondrous models to assess when a “de facto monopoly” is created. ...
London Stock Exchange and Deutsche Börse merger blocked by EU image
Source : Guardian [Read Article] Wednesday 29th of March 2017 09:58:06 AM
....The £21bn merger between the London Stock Exchange and its German rival Deutsche Börse has fallen apart after it was blocked by the European commission on the day that Britain served notice on its EU membership. Margrethe Vestager, the EU competition regulator, said the deal between the London and Frankfurt exchanges would create a “de facto monopoly in the crucial area of fixed income instruments”. ...
London Stock Exchange-Deutsche Boerse deal blocked by EU image
Source : BBC [Read Article] Wednesday 29th of March 2017 09:24:57 AM
....EU regulators have blocked London Stock Exchange's £21bn merger with German stock exchange Deutsche Boerse. The European Commission said the deal would have created a "de facto monopoly" for certain financial services. ...
Is being fined 1% of its profits just a mild irritation for BT? It looks like it | Stefan Stern image
.... “Consumers can vote for or against Tesco with their feet, and success in product market competition is the most effective method of legitimising corporate authority,” he wrote. “But no national monopoly acquires legitimacy in this way. ...
Just Google it image
Source : BBC [Read Article] Sunday 26th of March 2017 11:09:18 PM
.... Search was a competitive business in the late 1990s. But now, it may be a natural monopoly - in other words, an industry that is extremely hard for a second entrant to succeed in. ...
118 directory enquiry numbers now cost more than a premium rate image
Source : Guardian [Read Article] Sunday 26th of March 2017 07:59:25 AM
....Telephone directory enquiry services which provide and connect to requested phone numbers are allowed to impose such extortionate charges by the telecoms regulator Ofcom, and Wagstaff’s aunt’s experience highlights the rip-off that the service has become since the industry was deregulated in 2003. The aim at the time was to cut prices by ending BT’s monopoly on the service and increasing competition. ...
The Guardian view on the Ofcom deal: too little, too slowly | Editorial image
....If it were, we would ask what kind of ownership structure and which incentives could best deliver the widest, fastest coverage at the lowest price. And no one who asks that question is likely to leap, dripping, from their bath and crying “BT!” There is a case to be made for a nationalised monopoly supplying something so important; there is even a case for a co-operative owned more directly by its users than a nationalised monopoly could. ...
Utopian thinking: the eclipse of neoliberalism heralds a new dawn of sharing | Minna Salami image
....A radically different future political system would set us on a new path, one where we protect things that are of shared value – healthcare, natural resources, culture, knowledge, the internet. It would not be a mere reshuffle of what we have now; but a completely different perspective for the future, a radically humane system of governance that isn’t caught up between state welfare or market monopoly, individualism or communalism, public or private. ...
E.ON Heat no help after we moved into a new apartment without heating or hot water image
.... As E. ON has a monopoly on the heat and hot water supply, we have been prevented from seeking a resolution elsewhere. ...
Trump's bonfire of banking rules could burn us all | Nils Pratley image
Source : Guardian [Read Article] Monday 6th of February 2017 07:14:50 PM
.... Even many senior UK bankers are astonished by the apparent power of Wall Street’s lobbying machine. Michael O’Leary at Ryanair has a characteristically long list of complaints about current market conditions: the fall in sterling; Brexit-inspired uncertainty over the UK’s future in the European open-skies system; over-capacity; charter rivals switching capacity from Turkey, Egypt and North Africa into Spain and Portugal; and various supposed German stitch-ups including a “monopoly” at Berlin airport and a “duopoly” between Lufthansa and Air Berlin. ...
Directors of new homes warranty firm criticised for lack of independence image
Source : Guardian [Read Article] Monday 6th of February 2017 04:28:53 PM
.... The organisation’s board comprises 13 directors, including four executives and nine non-executive directors. Paula Higgins, co-founder and chief executive of the campaign group HomeOwners Alliance, described NHBC as “too much of a monopoly” in the warranties market and said its relationship with housebuilders was “cosy”. ...
New homes warranty firm pays millions to leading homebuilders image
Source : Guardian [Read Article] Sunday 5th of February 2017 05:26:47 PM
....”. Higgins said NHBC was “too much of a monopoly” in the warranties market and described its relationship with housebuilders as “cosy”. ...
Brad Pitt and Angelina Jolie: faces of the new 'global citizen class'? image
Source : Guardian [Read Article] Friday 20th of January 2017 05:50:56 PM
....“The ultra wealthy are a very international group of people and have businesses in lots of places and spend a lot of leisure time in lots of place,” Winston Chesterfield, a director of Wealth-X, said. “Not every single wealthy person buys a monopoly board of properties, but that is quite popular. ...
What if Uber kills off public transport rather than cars? image
Source : Guardian [Read Article] Friday 13th of January 2017 05:00:08 AM
....The most important question surrounding Uber is not whether it is a platform or a transportation company, or whether its drivers are employees. It’s whether it can only recoup its investors’ billions by building a monopoly (or at least duopoly with Lyft) on the ruins of public transportation – and it may not take much to tear it all down. ...
Protectionism's winds of change are blowing, but the left can make it work image
Source : Guardian [Read Article] Thursday 12th of January 2017 08:00:22 AM
....This might sound far fetched, but such an approach by Europe’s left would belatedly allow them to play catch up with the extreme right and Trump. The latter at present has the political monopoly on policies for curbing high migration and protecting local jobs from imports. ...
Sir David Clementi: City grandee ready to do the business at the BBC image
Source : Guardian [Read Article] Tuesday 10th of January 2017 04:40:51 PM
....Clementi, whose appointment will be officially made by Theresa May, has very little if any experience in the media business but his talents have been called on by several prime ministers. He advised Margaret Thatcher on the multibillion-pound privatisation of BT in 1984, and was seen to have done such a good job of it that his bank, Kleinwort, had a near-monopoly on running the sell-off of state assets including British Gas and the electricity industry. ...
Wage hikes at Aldi and Lidl are welcome news. But don’t get too excited | Peter Fleming image
.... This has resulted in the immense concentration of capital we see today. There’s a good chance that our employer will be a monopoly or oligopoly, such as Royal Mail or Thames Water. ...
Murder, she wrote: the missing bankers thriller image
Source : Guardian [Read Article] Sunday 8th of January 2017 07:00:11 AM
....Last week, Andrew Gray, head of Brexit at PricewaterhouseCoopers, which is advising several financial institutions on this matter, said announcements could start in late February. This must have rather irritated Corley’s fellow panellist Flint, whose bank once enjoyed a near-monopoly on making threats about leaving the UK. ...
Rail chiefs or unions: can passengers trust either of them? | Rafael Behr image
Source : Guardian [Read Article] Wednesday 4th of January 2017 07:00:17 AM
.... There is no quick mechanism by which passengers’ experience of bad service becomes an incentive for providers to raise their game. The old state monopoly was no better. ...
Broadband boost for remotest parts of UK image
Source : BBC [Read Article] Thursday 22nd of December 2016 12:00:05 AM
....To the government and BT it's that rare thing, a public/private partnership which is actually going to come in under budget and deliver more than was promised. To its critics, the Broadband Delivery UK project has seen an overbearing monopoly handed huge sums of public money with little democratic accountability, and the result is that the UK has been given only a semi-fast network which is not future-proof. ...
'Call me': Donald Trump woos tech leaders at New York meeting image
Source : Guardian [Read Article] Wednesday 14th of December 2016 09:22:39 PM
....“We’re going to make it a lot easier for you to trade across borders,” he told the audience. Trump had clashed with tech leaders before his election, suggesting he would start a monopoly investigation into Amazon, whose founder, Jeff Bezos, was in attendance, and calling for a boycott of Apple after the tech company declined to break into the iPhone of one of the San Bernardino killers. ...
Google, democracy and the truth about internet search image
Source : Guardian [Read Article] Sunday 4th of December 2016 10:00:11 AM
.... The next frontiers are healthcare, transportation, energy. And just as Google is a near-monopoly for search, its ambition to own and control the physical infrastructure of our lives is what’s coming next. ...
Jaguar launches electric performance car to rival Tesla image
Source : BBC [Read Article] Wednesday 16th of November 2016 03:25:27 PM
....Jaguar has unveiled a prototype of a high-performance electric car it calls the I-PACE, which should be on the roads in 2018. And Jaguar is only the first of the prestige brands designing cars to break Tesla's monopoly on electric sports cars. ...
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M&S takes on spectre of John Lewis with Bond-style Christmas ad image
Source : Guardian [Read Article] Friday 11th of November 2016 09:00:30 PM
.... Bousquet-Chavanne said 2015’s more product-focused campaign had failed to capture consumers’ imagination and it had polled the opinions of thousands of customers to find out what they really wanted to see. Asked if the ad’s tone was also a response to John Lewis’s successful use of ads that tell stories in an attempt to win hearts, Bousquet-Chavanne said: “Nobody has a monopoly on emotion and we do compete on the high street [with John Lewis]. ...
Ctrl+Z: Silicon Valley leaders U-turn on Donald Trump image
Source : Guardian [Read Article] Friday 11th of November 2016 10:00:16 AM
.... He told Apple that it would have to build its products in the US, then called for a boycott when the company stood up to the FBI in its quest to force the company to unlock one of the San Bernardino shooters’ iPhones. He hinted that he might go after Amazon for its growing monopoly in online retail, telling Fox News that Bezos has “a huge antitrust problem”. ...
Rubik's Cube puzzled after losing EU trademark battle image
Source : Guardian [Read Article] Thursday 10th of November 2016 01:38:40 PM
....Alex Brodie, a partner with international lawyers Gowling WLG, said:“Simba Toys have been successful, after 10 years of legal wrangling, in getting rid of Rubik’s 3D cube trademark. This judgment underlines the law that trademark registrations should not be used to obtain an eternal monopoly on technical solutions or functional characteristics of products – that protection is something that may be covered by other rights such as patent law – protection that has a limited life unlike trademarks. ...
Rubik's Cube shape not a trademark, rules top EU court image
Source : BBC [Read Article] Thursday 10th of November 2016 01:12:55 PM
....Alex Brodie, a partner at Gowling WLG, said that the judgement was "no surprise" given the ECJ handed down a similar decision regarding Lego bricks in 2010. She said: "The Rubik brand still stands but it doesn't have a monopoly on the shape of the cube puzzle under trade mark law. ...

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