The Title of the Research Paper is “Regulating Competition in Oligopoly: The Case of Telecommunications in Brazil by Mr. Mario Possas , Institute of Economics, Federal University of Rio de Janeiro, Brazil. Accourding to the Author , his research is about the transition of Natural Monopolies to Oligopolistic type of Market System. His study is focused on the Brazilian Telecommunications sector. It is consider as Public Utility and prices have been regulated by the government. He also stated in his research that there are reasons why Natural Monopoly changes to Oligopoly type of Market Structure. These are high rate of growth of demand, small size of market to large. In his research about Regulation policy, he stated that it is a price setting
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Mario Possas because of his research; I gained information about Natural Monopolies and Public Utility and Oligopolistic Market structures. I think Natural Monopolies is good, because prices are regulated and Production Cost is lower, which is advantaged in the consumers or users of the services or products. I’m just wondering why mostly of the Government controlled agency bankrupted or not gained in the products /services they rendered. In fact that they have policies that were strictly followed, they have a sufficient budgets, and frequent monitoring. Then when sale it to a private sectors, they operate in a long run and provide good quality services/products. Oligopoly welcomes competition. Like in the our agency, It subsidies rice price to resell it in a very affordable price, and many questioned about it, who will gained if the government bought it in Thailand or Vietnam Rice in the amount of P 32 pesos and the accredited outlets buy it in the agency for only P 16, and sold in the Market for P 18.00 per kilo. They also undergone bidding procedure in the countries that they will buy the …show more content…
Because of this mentality, corruption is present .Bribe the bidding committee to win. But I attended a bidding like a damaged stocks fitted for animal consumption, I just observed that the style of the bidders they are group who joined but they represents two or more person but they are qualified because each of one own a business related to grains/rice retailers or a poultry /hog raisers. In order to win the bidding procedure, I give them mail envelope and they will insert the bidding form and place it in the drop box that is sealed in the center of the table.There are bidding committee that are composed of Manager, Accountant, Warehouse Supervisors whose stocks were bid, Secretary, representative of Commission Of Audit,Cashier and Operation
Mario Possas because of his research; I gained information about Natural Monopolies and Public Utility and Oligopolistic Market structures. I think Natural Monopolies is good, because prices are regulated and Production Cost is lower, which is advantaged in the consumers or users of the services or products. I’m just wondering why mostly of the Government controlled agency bankrupted or not gained in the products /services they rendered. In fact that they have policies that were strictly followed, they have a sufficient budgets, and frequent monitoring. Then when sale it to a private sectors, they operate in a long run and provide good quality services/products. Oligopoly welcomes competition. Like in the our agency, It subsidies rice price to resell it in a very affordable price, and many questioned about it, who will gained if the government bought it in Thailand or Vietnam Rice in the amount of P 32 pesos and the accredited outlets buy it in the agency for only P 16, and sold in the Market for P 18.00 per kilo. They also undergone bidding procedure in the countries that they will buy the …show more content…
Because of this mentality, corruption is present .Bribe the bidding committee to win. But I attended a bidding like a damaged stocks fitted for animal consumption, I just observed that the style of the bidders they are group who joined but they represents two or more person but they are qualified because each of one own a business related to grains/rice retailers or a poultry /hog raisers. In order to win the bidding procedure, I give them mail envelope and they will insert the bidding form and place it in the drop box that is sealed in the center of the table.There are bidding committee that are composed of Manager, Accountant, Warehouse Supervisors whose stocks were bid, Secretary, representative of Commission Of Audit,Cashier and Operation