Friday, October 8, 2021

Would Ticket Holders Pay $25 if They Got Unlimited Food? One Movie Theater Decided to Find Out

This article describes one movie theater's experiment with bundling unlimited food with a movie (WSJ Oct 2021). The scheme also charged a higher price on weekends.

Thursday, October 7, 2021

Cake Liberation Day

This opinion states that requiring a home bakery to have a "commercial grade kitchen separate from a home kitchen" "intended to reduce competition for commercial bakers" WSJ, Oct 2021). One of Porter's three common approaches to create a competitive advantage is to reduce the intensity of competition.