scholarly journals Oligopolistic Competition among Providers in the Telecommunication Industry: The Case of Slovakia

2019 ◽  
Vol 9 (3) ◽  
pp. 49
Author(s):  
Katarina Valaskova ◽  
Marek Durica ◽  
Maria Kovacova ◽  
Elena Gregova ◽  
George Lazaroiu
Keyword(s):  
Imperfect Competition ◽  
Market Concentration ◽  
Competitive Environment ◽  
Differentiated Products ◽  
Oligopolistic Competition ◽  
Telecommunication Sector ◽  
The Sustainable Development ◽  
Oligopolistic Market ◽  
Telecom Sector ◽  
Oligopolistic Market Structure

The issue of the paper is devoted to the oligopolistic market structure, which is a popular form of imperfect competition occurring in the current market economies. The main aim of the paper is to quantify the selected oligopolistic structure of the telecom industry in the Slovak market in the period 2013–2017. We subjected the oligopoly to concentration analysis of the market to quantify and assess the competitive environment in which mobile providers are operating. Market concentration was measured while using specific indicators of market concentration CR2, CR3, the Herfindahl-Hirschman Index, Lorenz curve, Gini coefficient, and coefficient of variation, using the information on total revenues of operators, the share of mobile operators on total revenues, number of active customers, and the penetration of SIM cards. The calculated values of the selected market concentration indices in the telecom sector proved that the mobile operators market is highly concentrated. The services that are offered by operators are not identical, and they are differentiated based on price, quality, availability, or the target group of customers. We also identified the entry barriers, which can be categorized to strategic, economic, technical, and time barriers. The Slovak telecom sector is an oligopoly where competitors offer slightly differentiated products; however, the competitive environment in which they operate is highly concentrated and competition needs to be regulated to achieve the sustainable development of the telecommunication sector.

scholarly journals Economising, Strategising and the Vertical Boundaries of the firm

2017 ◽  
Vol 17 (1) ◽  
Author(s):  
Dermot Leahy ◽  
Catia Montagna
Keyword(s):  
Asymmetric Mode ◽  
Industrial Economics ◽  
Boundaries Of The Firm ◽  
Oligopolistic Market ◽  
Marginal Production ◽  
International Trading ◽  
Strategic Incentives ◽  
Oligopolistic Market Structure

AbstractWe bridge the organisational economics and industrial economics literatures on the vertical boundaries of the firm by contextualising the transaction cost approach to the make-or-buy decision within an oligopolistic market structure. Firms invest in the quality of the intermediate resulting in the endogenous determination of the price of the intermediate and marginal production cost of the final good. We highlight new strategic incentives to outsource and/or vertically integrate and show how these incentives can result in asymmetric-mode-of-operations, investment and costs. We apply our model to a number of different international trading setups.

scholarly journals Establishing the Link between Management Practise, Employees’ Ability and Workforce Productivity: A Case of UK’s Telecom Sector

2020 ◽  
Vol 2 (2) ◽  
pp. 10-19
Author(s):  
Junaid Khan ◽  
Umair Zahid
Keyword(s):  
Management Practices ◽  
Descriptive Analysis ◽  
Research Data ◽  
Research Support ◽  
Telecommunication Sector ◽  
Productivity Level ◽  
Statistical Measures ◽  
Workforce Productivity ◽  
The Uk ◽  
Telecom Sector

Workforce productivity had been affected by many different factors in organisations around the globe. There have been many instances in different organisations workforce that has affected their productivity level. Current research looks into the management practices and the ability of employees working in the telecommunication sector of the UK for analysing their linkage with workforce productivity. The use of different management practices has been directly linked with workforce productivity in the telecommunication sector of the UK. The current study uses quantitative primary measures for collecting and analysing the research data. The developed results of the research support all the developed hypotheses of the research that were established to measure the direct impact of employee ability and management practices of the telecommunication sector on workforce productivity. The collected data was analysed through the use of statistical measures of descriptive analysis, regression analysis, and correlation analysis. The developed research results accept the alternate hypotheses developed in the research body.

scholarly journals Oligopoly competition on market with food products

2011 ◽  
Vol 57 (No. 12) ◽  
pp. 580-588 ◽  
Author(s):  
L. Severová ◽  
L. Kopecká ◽  
R. Svoboda ◽  
J. Brčák
Keyword(s):  
Imperfect Competition ◽  
Market Competition ◽  
Market Model ◽  
Oligopolistic Competition ◽  
Food Sector ◽  
Dominant Firm ◽  
Dominant Position ◽  
Food Market ◽  
Oligopoly Competition ◽  
The Impact

Oligopoly can be defined as a market model of the imperfect competition type, assuming the existence of only a few companies in a sector or industry, from which at least some have a significant market share and can therefore influence the production prices in the market. Many models of oligopoly that differ from one another mostly in the nature of the competitive companies’ behaviour can be found through the study of oligopolistic structures. Some models describe only the behaviour of two companies in the monitored market (duopoly), others describe several companies of the same power (cartel), still others assume that one of the companies has a dominant position in the market, etc. The text of this article deals with oligopolistic competition in the food market in the terms of the behaviour of grocers and with the impact of this competition upon the market competition in the sector. First, it mentions the agreements on common cooperation and procedure, when cartel market structure originates. It also analyzes the examples of behaviour of oligopoly with a dominant firm on the market with products in the food sector, with the goal of detecting whether the market with these products is significantly influenced by the oligopolistic behaviour of companies.  

scholarly journals Competitive Mixed Bundling of Vertically Differentiated Products

2012 ◽  
Vol 12 (1) ◽  
Author(s):  
Illtae Ahn ◽  
Kiho Yoon
Keyword(s):  
Product Differentiation ◽  
Consumer Surplus ◽  
Competitive Environment ◽  
Differentiated Products ◽  
Horizontal Differentiation ◽  
Vertical Product Differentiation ◽  
Quality Differentiation ◽  
Comparative Static Analysis ◽  
Mixed Bundling ◽  
Vertically Differentiated Products

Abstract We examine mixed bundling in a competitive environment that incorporates vertical product differentiation. We show that, compared to the equilibrium without bundling, (i) prices, profits and social welfare are lower, whereas (ii) consumer surplus is higher in the equilibrium with mixed bundling. In addition, the population of consumers who purchase both products from the same firm is larger in the equilibrium with mixed bundling. These results are largely in line with those obtained in the previous literature on competitive mixed bundling with horizontal differentiation. Further, we conduct a comparative static analysis with respect to changes in quality differentiation parameters. When the quality gap between brands narrows under no bundling and symmetric mixed bundling, prices and profits decrease. When quality differentiation is asymmetric across products, however, complicated effects occur on prices and profits due to strategic interdependence that mixed bundling creates.

scholarly journals MARKET COMPETITION AT THE LEVEL OF AGRICULTURAL PRODUCTS DISTRIBUTION

THE BULLETIN ◽  
2021 ◽  
Vol 3 (391) ◽  
pp. 40-44
Author(s):  
N. A. Gerasymchuk ◽  
L.M. Stepasyuk ◽  
Z.M. Titenko ◽  
I.M. Yermolenko
Keyword(s):  
Market Structure ◽  
Market Share ◽  
Agricultural Sector ◽  
Market Competition ◽  
Market Concentration ◽  
Agricultural Products ◽  
Competitive Environment ◽  
Modern Business ◽  
High Level ◽  
Almost All

The article proved that in the context of European integration, the intensification of competition between producers becomes a major factor of the consolidation and unification of various economic entities, because this is one of the main ways to increase competitiveness, which in turn leads to market concentration. The investigation of the market structure, its type, and hence the economic processes occurring in it, is directly related to determining the state of the competitive environment, its assessment and study of the possibilities of restricting or developing competition. The article reveals the basic principles of development of agricultural enterprises, highlights the problems and prospects of their development in a competitive environment. The importance of concentration indicators in the context of the relationship between monopoly power and the level of concentration of sellers in the market is substantiated. Methodological aspects of using the market concentration index and the Herfindahl-Hirschman index are analysed; their advantages, disadvantages and possibilities of use in the process of market structure research, its type, state of competitive environment and degree of monopolization are revealed. In the process of research the concentration of agricultural markets, it was found that there was a moderate level in almost all types of products in Ukraine, only the pork market is highly concentrated. Analysis of the competitiveness of agricultural products shows that a significant market share is occupied by crops such as sunflower and corn. Studies show that there are certain types of products that have a high level of profitability, including rapeseed and barley, but they occupy a small market share. It is established that to ensure competitive production of agricultural products requires state support of the industry through the provision of tax and credit benefits to enterprises that implement modern business methods. Further prospects for the development of the agricultural sector in Ukraine have been identified.

scholarly journals CONCENTRATION INDICES IN ANALYSIS OF COMPETITIVE ENVIRONMENT: CASE OF RUSSIAN BANKING SECTOR

2017 ◽  
Vol 5 ◽  
pp. 458-464
Author(s):  
Polina Stazhkova ◽  
Tatyana Kotcofana ◽  
Alexander Protasov
Keyword(s):  
Russian Federation ◽  
Banking Sector ◽  
Market Concentration ◽  
Market Analysis ◽  
Monopoly Power ◽  
Competitive Environment ◽  
Analysis And Evaluation ◽  
Competitive Environments ◽  
The Russian Federation ◽  
Concentration Indices

This article is devoted to the analysis and evaluation of competitive environments by using some indicators of market concentration. An analysis was made of the key (main) concentration indices most often used in countries with developed market economies. The state of the competitive environment in the banking sector of the Russian Federation is estimated with the use of indices. The consistency of these indicators to the basic antitrust regulations was investigated. The authors show that in order to obtain reliable results each of the available methods of monopoly power detection requires a detailed market analysis.

An Organizational and Economic Mechanism for Managing the Competitive Sustainable Development of an Industrial Enterprise

2020 ◽  
Vol 26 (10) ◽  
pp. 1118-1127
Author(s):  
A. V. Babkin ◽  
U. V. Fortunova
Keyword(s):  
Sustainable Development ◽  
Statistical Methods ◽  
Digital Transformation ◽  
Industrial Enterprise ◽  
Competitive Environment ◽  
Management Process ◽  
Economic Potential ◽  
The Sustainable Development ◽  
Economic Mechanism ◽  
Market Trends

Aim. The presented study aims to develop an organizational and economic mechanism for managing the competitive sustainable development of an industrial enterprise that would increase the enterprise’s performance and the sustainability of its development in a competitive environment and in the context of the digital transformation of the industry.Tasks. The authors analyze and formulate the concept of the organizational and economic mechanism for managing the competitive sustainable development of an industrial enterprise; develop the organizational and economic mechanism for managing the competitive sustainable development of an industrial enterprise; identify stages in the process of managing the sustainable development of an industrial enterprise; evaluate the economic potential of an enterprise.Methods. This article is based on the analysis and formalization of the main provisions of the study, which uses economic-mathematical and economic-statistical methods to assess the performance and development of an enterprise.Results. The urgency of improving the efficiency of managing the competitive sustainable development of an industrial enterprise is justified. The concept of an organizational and economic mechanism for managing the competitive sustainable development of an industrial enterprise is formulated and the stages of this management process are identified. An organizational and economic mechanism for managing the competitive sustainable development of an industrial enterprise is developed, ensuring an increase in the enterprise’s performance.Conclusions. Application of the organizational and economic mechanism for managing the competitive sustainable development of an industrial enterprise will make it possible to keep track of unfavorable market trends and adequately respond to them, thus increasing the performance of the enterprise.

Strategic Challenges of the Portuguese Molds Industry

2018 ◽  
pp. 1376-1403
Author(s):  
António Carrizo Moreira ◽  
Miguel A. M. M. Ferreira
Keyword(s):  
Decision Making ◽  
Sustainable Development ◽  
Temporal Evolution ◽  
International Markets ◽  
Competitive Environment ◽  
Continuous Change ◽  
Future Outlook ◽  
The Sustainable Development ◽  
Product Engineering ◽  
The Future

In a competitive environment shaped by continuous change, the understanding of the different forces that support or hinder the development of an industry, enables more informed, and assertive decision making. As such, following a sectoral system of innovation perspective that takes into account the temporal evolution of its most important events, the main objective of this chapter is to define a set of strategic lines for the sustainable development of the Portuguese molds industry. The study supports set of strategic priorities so that the Portuguese molds industry can embrace both an international favorable position and an entrepreneurial outward looking governance perspective. This chapter proposes that the future outlook will support the diversification to and the penetration of new sectoral markets, associated with a strong international product engineering and development cluster capable of supplying integrated solutions to several international markets.

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