Quality and Quantity

Hayley Tsukuyama who writes about technology for the Washington Post commented in a recent article that the situation between advertisers and consumers is like an arms race, where everyone loses. 45 milllion people are using ad blockers, that is 15% of all U.S. Internet users, and a number that is rapidly growing, representing an increase of 48% between June 2014 and June 2015. A study by Adobe and PageFair says the use of ad blockers costs advertisers $22 billion in revenues. Consumers of course find the ads Continue reading “Quality and Quantity”

Mergers and Consumers’ Interest

A number of mergers have made the news: Anthem acquiring Cigna, AT&T acquiring Direct TV, Charter acquiring Time Warner Cable, in each case claiming that those mergers are ultimately good for consumers. In one of his recent pieces Los Angeles Times columnist David Lazarus points out he interviewed several economists who all agree that ultimately mergers aren’t good for consumers. They reduce competition and increase prices while Continue reading “Mergers and Consumers’ Interest”