"All the major competitors in an already highly concentrated industry now have a platform from which to agree how to market their tickets".
The big five accounting firms became the big four, further shrinking an already concentrated industry.The second target of investors' wrath was top corporate executives, and the boards that appointed them and condoned their extravagant rewards.
On a busy line located in a developed urbanization zone and national important economic regions with dense population, concentrated industry, and developed economy, passenger and freight traffic volume grows very fast.
India's uneven and rapid economic development has concentrated industry in areas like Gujarat, where thousands of labourers work in conditions that test the limits of depravity.
Thomas Jefferson wanted an anti-monopoly clause in the Constitution, and for most of American history, people have understood that you cannot have a truly responsive democratic power and radically concentrated industry.
Our current approach, focussed near-exclusively on monopoly, fails to address the serious problems posed by highly concentrated industries.
It seems that employers' ability to discriminate in initially concentrated industries is reduced when they are made to face international competition.
Conversely, opening up to increased international import competition in initially concentrated industries is associated with falling gender wage gaps and rising female employment, while increased exports in these industries is associated with higher female employment as well.
The results lend support to Becker's theory in that employers' ability to discriminate in initially concentrated industries is reduced when they are made to face international competition from imports.
I will focus on the varying impact of import penetration and export intensity, as the other trade variables always implied similar conclusions, and separately summarize the impact on initially concentrated industries, compared to competitive ones.
