E-commerce in India and the potential competition issues With special reference to credit cards market in India Submitted to Mr. Rakesh Kumar‚ Joint director (economics)‚ Competition Commission of India Submitted by Ankita Pahuja M.sc economics ‚2nd year‚ TERI University‚ Vasant Kunj‚ Delhi 1 Disclaimer This project report/dissertation has been prepared by the author as an intern under the Internship Programme of the Competition Commission of India for academic purposes only. The views expressed
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Einstein College of Engineering BA 912 ECONOMIC ANALYSES FOR BUSINESS Unit I DEVELOPMENT ECONOMICS. Development economics or the economics of development is the application of economic analysis to the understanding of the economies of developing countries in Africa‚ Asia‚ and Latin America. It is the sub discipline of economics that deals with the study of the processes that create or prevent economic development or that result in the improvement of incomes‚ human welfare‚ and structural transformation
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Chapter 12 suggested answers 1. It has been said that Porter’s five-forces analysis turns antitrust law on its head. What do you think this means? Antitrust laws are intended to protect‚ promote competition and to push industry profits towards competitive floor in order to resist market dominance. Porter’s five forces model reflects that an industry has absolute market power if threat of entrants and substitutes are low along with weak bargaining power among suppliers and buyers‚ and if industry
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When a buyer purchases residential property from a seller in a standard resale transaction‚ the seller is required to offer a real estate transfer disclosure statement to the buyer which describes items in the chosen property which‚ if known‚ would affect the buyer’s interest in the purchase of the property. Such a declaration is standard practice in this state‚ and this requirement protects buyers against unknown problems which may accompany such purchases. This protection is not always available
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Abstract The airline industry is known to be the fastest mode of transportation throughout the United States. Consumers are constantly trying to find cheaper fares‚ while airliners are constantly analyzing consumer’s trends to decide how to charge fares. Airliners ultimate goal is to increase revenue. Sometimes the increase can lead to bad service and unfriendly competitive practices. The present day airline industry is dominated by larger air carriers. This paper will discuss why the airline
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THE UTILITY CONCEPT THE term utility refers to satisfaction a consumer gets from whatever goods and services he consumes. It will be useful to discuss between two utility concepts: (i) total utility (ii) marginal utility Total utility attained from a commodity refers to the sum total of satisfaction which a consumer receives by consuming the various units of the commodity. The more units he consumes‚ the greater will be his total satisfaction upto a certain point. As he keeps on
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market prices. An oligopoly firm would face uncertainty‚ if they were taking part in collusive acts. Collusion is an agreement between two or more firms‚ sometimes illegal and therefore secretive‚ to limit open competition by deceiving‚ misleading‚ or defrauding others of their legal rights‚ or to obtain an objective forbidden by law typically by defrauding or gaining an unfair advantage. As collusion is illegal‚ there can be no legally binding documents‚ this means that there is no certainty that the
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Hardiman and Jackson’s social identity development theory delves into the foundation of social oppression and the relationship between two groups‚ agents‚ and targets. They break down the theory into stages that describe how it progresses in our society from the two perspectives. Social Identity Development Theory: Explained Hardiman and Jackson’s model determines that social oppression‚ “exists when one social group‚ whether knowingly or unconsciously‚ exploits another social group for its own
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QUESTION 1 QUESTION 1.1 Market structure MTN and Vodacom 1.1.1 Introduction The South African mobile market structure can be classified as an oligopoly‚ or even a duopoly‚ with two firms‚ Vodacom and MTN of more or less the same size dominating the market. Both Vodacom and MTN have market shares of at least 35%. This implies that both firms can be classified as ‘dominant’ i.t.o. the Competition Act. It is also important to note that the combined market share of the two large players is approximately
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TOPIC: Privatization‚ commercialization and deregulation of airports – incentives for airport to compete and maximize profits. Increasing importance of airport concession revenue – affects performance of different airport regulations‚ and leads to evolving vertical relationships. As competition in the airline market intensifies‚ airport-airline relationship becomes increasingly important. Discuss the impacts of airports on airline competition – focus on airport performance and airline-airport
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