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58 results found for: monopolistic competition
Picture The Business Times  (TOP STORIES)  21/08/2017
enues, they can't make an economic profit in the long run, a concept which factors in opportunity costs. If this were true, this means companies operating in monopolistic competition can only recover the op portunity costs of their investors in the long run. Investors would be better off in oligopolistic markets where there are high barriers
Page: 4

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Picture The Straits Times  (OPINION)  04/04/2018
brutal, with both offering heavy discounts and freebies to commuters. Neither company has turned a profit. At play is the all too familiar textbook dynamic of monopolistic competition, where competitors slug it out to gain market share. So, will consumer interest be harmed by the proposed merger? That is what the Competition and Consumer Commission
Page: A17

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Picture The Business Times  (OPINION)  09/01/2019
E VERY month, new controversies emerge regarding Facebook, Google, Twitter and other Internet-based companies. Self-regulation clearly has not worked, and this slow-dawning reality has led to a number of proposals to rein them in. Some critics have proposed regulating the platform companies as
Page: 19

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Picture The Straits Times  (INSIGHT)  05/08/2018
positioned to benefit. It also raises the possibility of a new era of direct competition between what some analysts regard as monopolistic businesses – though that looks set to take longer to develop than the world's competition regulators might like. One message from the stock market divergence of Facebook and Apple in the past week has been the
Page: B9

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Picture TORQUE  (ANALYSE THIS)  01/10/2018
obvious. Any drop-out of a competitor will lead to less competition. The issue is whether it has led to a monopolistic situation. The answer to that is also pretty obvious. It has not. Grab is still facing a fair amount of competition from taxi operators and an ever increasing number of wannabe hailing apps. image<200dpi 161 dpi Upon approval
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Picture The Straits Times  (FORUM)  13/07/2018
market", it owns 85 per cent of the ride-hailing segment of the market following its acquisition of Uber's regional operations. Monopolistic companies have an interest in pretending that they face stiff competition in order to avoid scrutiny and regulation. The CCCS report highlights evidence of the negative outcomes of Grab's near-monopoly
Page: A26

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Picture The Straits Times  (OPINION)  11/08/2018
are an oligopoly: SBS Transit, SMRT and Tower Transit. For each bus or rail route, the operator is usually a monopolist since competing providers are seldom allowed to serve the same route. CONTESTABILITY, NOT ACTUAL COMPETITION, IS KEY Second, what is the role (if any) of competition policy in industries that tend towards monopoly or oligopoly
Page: A32

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Picture The Straits Times  (FORUM)  04/04/2018
(CCS), for an agency tasked with ensuring that consumers are protected from the evil tendencies of monopolistic business practices, has once again demonstrated that it is incapable of delivering on its chief mandate. With the intense competition between Uber and Grab over the past few years, everybody knew it was a zero-sum game and a war of
Page: A19

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Picture The Straits Times  (OPINION)  15/07/2019
long-distance competitors and permitted the use of third-party equipment on its wires. The New York Times noted rather gleefully: "That most monopolistic of all monopolies is finally faced with the threat of competition." Meanwhile, the consent decree remained the gift that kept on giving. Bell Labs' patents fuelled ever more-advanced chip-making
Page: A14

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Picture The Business Times  (OPINION)  16/08/2018
By Pascal Salin Paris THE European Union's regulatory bodies seem to be particularly hostile to Google. In June 2017, the European Commission fined the company 2.42 billion euros (S$3.8 billion) for breaching EU antitrust rules, after concluding that it had "abused its market dominance as a
Page: 22

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