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Reverse-engineering and the old greasy-knuckled can-do spirit are an important part of guaranteeing competition and protecting the consumer.
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The author notes that usually one would expect at least four or five members in a market to guarantee competition.
"We were able to sell all three of the licenses, which guarantees competition, and that is our fundamental objective".
Indeed, the reason data-center customers long preferred the building-block approach to hardware and software was that it guaranteed competition among suppliers.
Ms. Kroes has signaled she would block the proposed merger of ABN and F.B.N. if the assets are not sold to guarantee competition.
Telefónica may be required to make concessions, perhaps giving up some broadcast spectrum and guaranteeing access to resellers, to guarantee competition in Germany, said James Allison, an analyst in London with IHT Electronics and Media, a research firm.
Like a medieval town's sole inn, a railway line is a perfect example of a natural monopoly: it is tremendously expensive to build and it is difficult to justify more than one set of tracks on any route just to guarantee competition.
"Will one dominant player be permitted to control those conditions, or will the rules that guarantee competition on the merits prevail, to the benefit of all?" ponders the ECIS.
The statement, addressed to the European Commission, asks for an investigation to clarify if competition rules guarantee fair competition market conditions.
But competition rarely results in a complete allocation of value — that is, the shares guaranteed by competition do not typically add up to 100%.
The strategic significance of competitive versus persuasive factors is highlighted by comparing the shares guaranteed by competition to the total amount generated by the value network.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com