While monopolies often attract criticism for their negative effects on markets and consumers, there are several potential advantages that a monopoly can provide under certain circumstances. Here are ...

The economic climate refers to the overall state of the economy, including various factors such as GDP growth, inflation, interest rates, consumer confidence, and business sentiment. It can have ...

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Supermarket loyalty pricing, where members pay less than non-members for certain products, is becoming ubiquitous in the UK, accounting for a whopping £5 billion in revenue over just three months in ...

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