Tag Archives: competition

Barking for Alternatives

Generic is not necessarily basic

Pet owners may pause (or paws) to consider the brand of flea-and-tick medications that they administer to their dogs or cats.  In a recent consumer protection-related lawsuit, exclusivity contracts are allegedly to blame for the lack of variety in widespread drug products available to pet owners.  According to the claim, if given the fair opportunity to purchase generic options, consumers of Advantage II and K9 Advantix II topical flea-and-tick treatments could have saved a lot of money.  As the patent guidelines diminished within the appropriate timeframe, generic brands became available to the market about six years ago. Continue reading →

Show Drama Unwinds

Streaming wars

The long-running animated show, South Park, has premiered as a staple on the cable television network, Comedy Central, for many years.  Although known for its hilarious parodies, which often poke fun at celebrities, pop culture, and politics, South Park is now at the center of an extensive lawsuit focusing on streaming service rights.  The two services that are battling against one another are HBO Max and Paramount+.  The lawsuit was filed at the end of February in a New York Supreme Court and places into consideration a $500 million contract between the two services. Continue reading →

That’s the Ticket

Is it worth the price?

Following a Taylor Swift ticket sale meltdown in November, certain legislators are turning their focus to concert ticket competition.  Specifically, they are considering the statistic that 70% of tickets sold for concert venues in the United States are distributed through Ticketmaster, an exclusively online company that merged with the comparable service Live Nation in 2010.  Legislators argue that the company maintains a strong monopoly of the ticket sale market, making it difficult for consumers to evaluate additional competitive offers or options.  As a business that reaches at least 30 countries, Ticketmaster processes 500 million ticket sale transactions each year.  Continue reading →

Amazon is the Prime Option

Antitrust arguments

To receive fast, convenient access to countless products and digital streaming, consumers may consider Amazon as the prime option. The benefits offered by Amazon extend beyond the consumer-driven perks, and also include opportunities for retailers and suppliers to sell their products on the platform. Despite these incentives, the DC Attorney General has recently filed a lawsuit against the e-commerce company, citing antitrust claims. According to the filing, Amazon has developed into a monopoly that manipulates pricing options for consumers. The company has achieved this position by entering contractual agreements with its third-party sellers. Specifically, the contracts dictate that in order to participate on the platform, the sellers are forbidden from offering lower prices or improved purchase terms on any other websites, including their own personal sites. Continue reading →

Company Insures a Settlement Option

Healthcare hiccup

The main purpose of antitrust laws in the United States is to encourage competition among businesses and help eliminate monopolies. The intent is to allow consumers the opportunity to decide which business or distributer best meets their needs. Otherwise, consumers may be left with limited options and may become victim to destructive business practices. Recently, the announcement of the $2.7 billion settlement between claimants and Blue Cross Blue Shield relates to antitrust laws and violations of fair competition. Policyholders who may be eligible to receive a piece of this class action lawsuit include those who were covered by Blue Cross Blue Shield plans from February 2008 to October 2020. Continue reading →