Economy

Intellectual Property 101

Intellectual property is a serious matter, which is key to protect it. Both companies and individuals can and should protect their intellectual property through patents, registered trademarks and/or copyrights from being copied, illegally used, or stolen. Patents protect inventions or discoveries, while trademarks serve to identify the source of goods or services. Copyrights protect original […]

The Abuse of Dominant Market Position via Tied Sales (the Microsoft Case)

The objectιve of this article is to analyze, mainly in the light of economic theory, how companies abuse their dominant position in the market, and specifically via the practice of tying / tied sales. Read our previous article to understand when a company holds a dominant position in the market. The topic is extremely current […]

Intellectual Property 101

Intellectual property is a serious matter, which is key to protect it. Both companies and individuals can and should protect their intellectual property through patents, registered trademarks and/or copyrights from being copied, illegally used, or stolen. Patents protect inventions or discoveries, while trademarks serve to identify the source of goods or services. Copyrights protect original […]

The Abuse of Dominant Market Position via Tied Sales (the Microsoft Case)

The objectιve of this article is to analyze, mainly in the light of economic theory, how companies abuse their dominant position in the market, and specifically via the practice of tying / tied sales. Read our previous article to understand when a company holds a dominant position in the market. The topic is extremely current […]

The Future of Sustainability and What It Might Look Like

What are the Causes of Global Climate Change, and Why is it Happening? Global climate change is a phenomenon that has been taking place for centuries. It is defined as a significant change in the global climate that lasts for an extended period of time. Climate change effects are wide-ranging and diverse and include sea-level […]

China’s upcoming global domination

As Covid-19 vaccines are gradually delivered and received by people all around the world, we gradually move towards the end of the pandemic and the expected return to normalcy. The moment when no more lockdowns, social distancing or other Covid-19 restrictions are needed is getting closer by the day. But once the dust settles down, […]

Monopolies: an erosion of free market economy

In the modern world, the economic system that has totally prevailed is free market capitalism. Over the last centuries, no other system has been proven to be more efficient, free and just. Based on the premise of free choice and free exchange of goods and services under capitalism, the output has been maximized, unprecedented wealth […]

Luxury in Times of Covid-19: How Should Brands React to Global Pandemic?

Every year brings a long list of challenges and new trends in the business world, forcing companies to adapt quickly to new situations. However this year, perhaps more than any other year before,  people and businesses are staring at the future, hoping to gain insights into what would be the the “new normal”. The Covid-19 […]

Small businesses and e-commerce: A difficult undertaking

During the past months, and especially after the outbreak of the Coronavirus, the trend of online shopping has increased a lot. Because of the restriction measures and the consecutive lockdown decisions, it has been made easier and more preferable to shop online. Not only the fashion industry, but also supermarkets, toy stores, pharmacies and cosmetic […]

A sneak peek into the world of 5G Network

More and more countries are getting into the world of 5G network. This new kind of technology is here to replace its predecessor, the 4G network. According to the current data, the average speed of 5G fluctuates from 150 to 200 Mbps and it can reach the incredible number of 1Gbps. Practically, this means that […]

Is it time for an unprecedented global debt relief?

A little more than a decade after the 2008 financial crisis that shocked the global economy leading to unprecedented recession, unemployment, banking chaos and debt insecurity seemed to be back to normal. Global GDP has been rising ever since, international trade was up, the financial system regained its stability and credibility and the economies around […]

Dominant market position: when a firm holds it and how it can abuse it

When does a company hold a dominant position in the market? How can it abuse its dominant position? According to economic theory, companies with a very high market share are called dominant in their markets. The existence of a dominant position results from the contribution of many factors which, taken individually, might not be decisive. […]