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April 23rd

  • The Pulitzer-winni ng investigation that dare not be uttered on TV: The Online News Association, the world's largest membership organization of digital journalists, and the University of Miami's School of Communication today opened their call for entries for the 2009 Online Journalism Awards (OJAs), emblematic of the best in online journalism. This year, ONA has introduced changes to acknowledge the important role of emerging technology, the influence of the independent digital journalist and the growth of community reporting efforts. Six awards now come with a total of $30,000 in prize money, courtesy of the Gannett Foundation and the John S. and James L. Knight Foundation, and the General Excellence in Online Journalism Award has expanded to include "micro sites."

April 22nd

  • How the Pulitzers Promote a News Oligopoly: To measure the trend, I did a quick spot analysis of the Pulitzers during certain years going back to 1960, to gauge how journalism in general ? especially quality journalism ? is being consolidated among a small number of organizations. It?s clearly happening. In 1960, for example, there were 7 journalism prizes, won by 7 different news organizations. Only one of the awards went to the Big 3, which I define as the New York Times, Washington Post, and Wall Street Journal. The story was similar in 1990, when 14 prizes went to 14 different news outlets. But in 2000, 36 percent of the prizes went to the Big 3, and this year it was 40 percent.

April 21st

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March 29th

  • It's Down to Two: Microsoft and Google - BusinessWeek: Microsoft wants to acquire Yahoo for 44-billion dollars, which would leave Microsoft and Google the biggest competitors in the technology world. The technological market is mainly and oligopolistic markets, where it?s difficult to enter and exit and companies have an urge to merge. The Web is controlled by a small number of large firms, and companies are starting to merge almost creating a monopoly to decrease the competition even more. If Microsoft and Yahoo merged, Google and Microsoft would be the two largest in the market, creating a monopoly if they merged in the future.
  • TheStar.com | Business | Suncor, Petro-Can to merge: This article is connected greatly with the market structures unit. The companies in the oil industries such as Petro-Canada, Suncor, and Shell, are all Oligoplies. There are very few oil companies in the industry and all follow same prices. In an oligopoly, Any company can change the price to whatever they want to but most don't because of 2 main reasons. 1) If they raise it, they will lose consumers, and 2) if they lower it, then the competition will lower it as well and there is no benefit in the end. This article talks about the merging of Suncor and Petro Canada. This can be a threat to other companies becuase the merigng of these means there will be more supply for them and can afford to lower prices now as well. When to Oligopolies merge, it is a good tactic to get rid of competition but also a greater chance the the price of oil will rise which is bad for the consumers.
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