Overseas bidders would be unlikely to face competition constraints but would find it harder to convince their shareholders of obvious cost-saving synergies.
For instance, Polity's measure — which combines assessments of political competition, constraints on the executive, and openness of executive recruitment — put the proportion of democracies in 2016 at 59percentt, up from 50percentt in 2000.
Economies cannot erect a firewall against intensifying global competition, energy constraints, climate change, and political instability.
As usual in this competition, practical constraints like marketability, fuel economy, safety and even high school physics are put aside in the interest of exercising designers' imaginations.
The CCR model applies when all decision-making units (DMUs) are operating at optimum scale, which may be subject to incomplete competition, external constraints, financial conditions, etc.
Competition and constraint help shape nature, yet it is collaboration and synergy – not competition – that are responsible for nature's sustained success.
In the health care sector, imperfect competition and budgetary constraints, as well as regulatory constraints on entry, mergers, and exits, can often cause organizations to operate at an inefficient scale size [ 38].
This horizontal competition hardened budget constraints (Qian and Roland 1998).
Firstly, in comparison with the mechanism of interjurisdictional competition, the vertical constraints mechanism relies on a different set of preconditions.
Despite the fierce competition and government constraints, local companies continue to fight their way into to China's ride-hailing market.
Consequently, in industries where it could be difficult to employ the mechanism of interjurisdictional competition, the vertical constraints mechanism would be of great importance.
