Just Giving - An Abuse of Monopoly Power?
Just Giving has become the market leader in web sites offering charities a platform for raising money online. By some estimates they take over eighty per cent of total charitable giving done online. But there are complaints that Just Giving is abusing their dominant position by charging higher fees that other comparable sites for taking donations - they claim 5pence in every £1. Nigel Cassidy provides this brief video report. A hat tip to Gareth Williams for spotting it. Gareth writes on his Twitter account “Just Giving, an example of abuse of market power or do the consumers benefit from extra dynamic efficiency of a monopoly?”