Aristotle is quoted as saying: “Personal beauty is a greater recommendation than any letter of reference.” Perhaps he was waxing poetic about the soul, or perhaps he was foreseeing beauty-based discrimination in the labour market. Joel Lee explores the phenomenon of beauty premiums in the workplace and how economics can help us resolve it.
The Australian Competition and Consumer Commission is the chief competition regulator of the Government of Australia. Its recent changes urge Australian law to consider the long-term danger to markets posed by mergers that suppress potential competition. Join Max as he unpacks what these changes mean for Australia’s merger control regime.