Collective Bargaining Power
I’ve signed up to get email updates from a fairly new website called Groupon that is available in certain cities: Boston, Chicago, New York, Washington DC, San Francisco, Los Angeles, and Atlanta. The idea behind this website is collective bargaining power. The website sells coupons daily that leverage collective bargaining power. If enough people purchase the coupon, they get the special deal/discount that is listed on the coupon.
These deals are pretty good most of the time, although I still try to stick to my idea that I only spend money on things that I need. With that in mind, I get these email updates daily, but have not actually bought any of these coupons.
Categories: In The money

