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The Swatch Group dominates Swiss watchmaking, with a 45% market share, in part because the industry involves large investments and high fixed costs.
This may explain why most innovation in the industry involves changes in packaging and marketing, producing all that fussy paraphernalia, rather than changing what is in the bottle.Another implication, says Dr Roberts, is that it is probably best that people choose perfumes for themselves rather than for someone else unless they happen to know what the recipient likes.
The more shadowy side of the industry involves preventing people from reading bad things about you.
One of the most notorious scandals in the industry involves Agama Yoga, the world's biggest tantric yoga school located on the island of Koh Phangan, Thailand.
Marketing strategies by the industry involves regular visits of stakeholders and identifying barriers.
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Nearly all previous cases against the industry involved illegal marketing.
The merger of Viacom and CBS is part of a five-year-long restructuring of the industry, involving all the world's big media companies.
The transactions, known as "wash trades" or "round trips" in the industry, involve swapping large blocks of energy in trades that essentially cancel each other out.
The city has sought to get the industry involved by offering taxi proprietors ownership of the bus operating company, but negotiations have dragged on, and some in the industry remain fiercely opposed.
"If a suit like that was brought and was successful, it would mean that the country banning the product would have to pay compensation to the industry involved or let the product in".
The Justice Department has subpoenaed records of PCS and Merck-Medco, the two biggest pharmacy benefit management companies, in an inquiry over the fiduciary duty to drug plan members and whether certain types of payments to the industry involve kickbacks.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com