The Unraveling of Newspaper Economics [View article]
Good article, couple of quibbles.
Bundling was an effect of monopoly not the cause of it.
"Bundling is usually a profit-maximising strategy for a producer that enjoys substantial market power...But if there is a deal of competition, two rivals selling bundled goods may see their margins fall even more readily than if they were not bundling." The Economist, 5 July 2001
The Unraveling of Newspaper Economics [View article]
Bundling was an effect of monopoly not the cause of it.
"Bundling is usually a profit-maximising strategy for a producer that enjoys substantial market power...But if there is a deal of competition, two rivals selling bundled goods may see their margins fall even more readily than if they were not bundling." The Economist, 5 July 2001
And can't we call "surplus economics" profit ;)