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By selling retail, the farmers eliminate layers of middlemen and earn more for their produce.
In short, the Internet allows merchants to circumvent the many layers of middlemen who clog this country's distribution system, adding costs every time merchandise changes hands.
There were several layers of middlemen between investors and house-buyers, most of whom had an incentive to overstate either house prices or a borrower's ability to repay.
Ukraine's large storage facilities and its role as a transit nation through which most of Gazprom's exports flow have given rise to layers upon layers of middlemen who take their cut.
If consumers' purchases are cushioned by layers of middlemen, even large exchange-rate swings will have smaller-than-expected effects on prices and consumption.In these puzzles, then, trading costs do not provide a complete solution but they do form an essential ingredient of one.
Wal-Mart, the biggest retailer in the world, has 3,600 outlets, 715 of these outside America.Foreign retailers also like the look of another consequence of government protection Japan's complicated and costly wholesale distribution system, which has survived because small retailers have lacked the muscle to cut out the layers of middlemen or to deal directly with the manufacturer.
Similar(42)
There may be layers of middleman fees that you can eliminate simply by changing vendors.
In fact, it almost surely raises them by adding a layer of middlemen.
Yes, the system is surely less efficient than single-payer, both because it's more complex and because it introduces another layer of middlemen.
His company has instituted regular pickups by truck in some parts of Cairo, but in terms of actual door-to-door collection the main change has been the addition of a new layer of middlemen.
So what we're doing here is replacing government insurance with a program that gives people money to buy private insurance — that is, adding an extra layer of middlemen.
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