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Confusopoly unveiled: How firms use complexity to raise prices

Can entire markets strategically confuse consumers to raise prices? This column tracks the prices of nearly all mobile phone tariffs and handsets in the UK from 2010 to 2012, and finds that quality-adjusted prices rise in the early part of the sample period and decline later. Obfuscation strategies by firms appear to be the primary […]

trade Economy Featured News World

European exports in geopolitical storms

With demand from US and China weakening, the EU can boost trade by focusing on other markets and strengthening global partnerships. The global trading system is undergoing profound changes, and current developments in the US and China will have significant implications for the European economy. Both countries were at the heart of globalisation but are […]

Business Energy Featured Finance World

Next Decade secures $1.8 billion funding from Total Energies, GIP for Rio Grande LNG project

 U.S. liquefied natural gas developer Next Decade will receive up to $1.8 billion in equity commitments from Total Energies and Global Infrastructure Partners to finance a fourth liquefaction plant at its Rio Grande LNG export project in Texas, the company said on Monday in a regulatory filing. The move brings NextDecade one step closer to a positive […]

World Economy Featured trade

The time is right to make a European Union-India trade deal happen

Nearly 20 years have passed since the EU and India started negotiations on a bilateral trade and investment agreement. After seven years of intense negotiations, the process stalled in 2014, primarily because of the failure of the respective political leaders to make difficult choices. Talks restarted in 2022 and now offer a reasonable chance of […]