Learn about market failure in economics, where supply and demand imbalances lead to inefficient distribution, its types, and ...

Discover what a market is in economics, its various types, and common features. Learn how markets function, both in physical spaces and through virtual platforms.

Price competition is one of many ways that a product or service can compete in the marketplace. In price competition, two products which are substantially similar are judged by prospective consumers ...

The following is an excerpt from Phil Mackintosh and Michael Normyle's paper titled: How Exchanges Compete: An Economic Analysis of Platform Competition. The full paper can be read here. Exchanges ...

The rise of large digital platforms has promoted new thinking around the world on whether competition policy and law are suitable for the digital era. The European Union has developed a landmark law, ...