Summary:
“Chaebols”, large business groups controlled by founder families, are usually considered a crucial ingredient of South Korea’s economic miracle. But after a process of consolidation, big chaebol firms such as Hyundai established exclusive supply chains with suppliers of parts and components and began to engage in price squeezing and intellectual property extortion in bargaining with its suppliers.... ProMarket — The blog of the Stigler Center at the University of Chicago Booth School of BusinessThe Darkest Side of Monopsony: The South Korean CaseSangin Park See also Each keiretsu can have as many as 30 sub-companies—from breweries to camera and auto makers.… Smithsonian MagazineHow Eight Conglomerates Dominate Japanese Industry Matt Jancer
Topics:
Mike Norman considers the following as important: chaebols, keiretsu, monopsony
This could be interesting, too:
“Chaebols”, large business groups controlled by founder families, are usually considered a crucial ingredient of South Korea’s economic miracle. But after a process of consolidation, big chaebol firms such as Hyundai established exclusive supply chains with suppliers of parts and components and began to engage in price squeezing and intellectual property extortion in bargaining with its suppliers....“Chaebols”, large business groups controlled by founder families, are usually considered a crucial ingredient of South Korea’s economic miracle. But after a process of consolidation, big chaebol firms such as Hyundai established exclusive supply chains with suppliers of parts and components and began to engage in price squeezing and intellectual property extortion in bargaining with its suppliers.... ProMarket — The blog of the Stigler Center at the University of Chicago Booth School of BusinessThe Darkest Side of Monopsony: The South Korean CaseSangin Park See also Each keiretsu can have as many as 30 sub-companies—from breweries to camera and auto makers.… Smithsonian MagazineHow Eight Conglomerates Dominate Japanese Industry Matt Jancer
Topics:
Mike Norman considers the following as important: chaebols, keiretsu, monopsony
This could be interesting, too:
Mike Norman writes Sanjeev Choudhary — India, China set up joint working group to tackle crude volatility
Jodi Beggs writes How Monopsonies Work, Now With More Numbers…
Jodi Beggs writes How Monopsonies Work, Now With More Numbers…
Mike Norman writes EPI — It’s not just monopoly and monopsony: How market power has affected American wages
ProMarket — The blog of the Stigler Center at the University of Chicago Booth School of Business
The Darkest Side of Monopsony: The South Korean Case
Sangin Park
The Darkest Side of Monopsony: The South Korean Case
Sangin Park
See also
How Eight Conglomerates Dominate Japanese Industry
Matt Jancer