Monopoly in the UK: what determines whether the MMC finds against the investigated firms

Article Abstract:

The UK Monopolies and Mergers Commission is the investigating body for all cases of monopolies that have been potentially abusing their market dominance. A study investigated the Commission's decisions during the years covered by the provisions of the 1973 Fair Trading Act to determine what factors influence the this government agency's decisions using a simple statistical model. Findings indicate that within a purely factual context, the larger the market share of the market leader, the more likely the MMC will judge its monopoly practice as being against the public interest.

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Business Regulation NEC, Investigations, Commercial law, Monopolies, Administrative agencies, Government agencies, United Kingdom. Monopolies and Mergers Commission

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Helping firms expand into international markets

Article Abstract:

The Economic Development Corp. of Utah is a private, nonprofit organization that seeks to promote economic and business development in the state. Its Export Assistance Program offers an array of services to local companies doing business overseas. These services include marketing research, targeting studies, trade shows and catalog exhibitions, product promotion, and international lead generation and match. Steps for formulating and implementing such a program are presented.

Services, International business enterprises, Multinational corporations, Corporate growth, Utah

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High-tech firms and credit rationing

Article Abstract:

The availability of credit in the Italian high technology sector is one of the limiting factors that determines their R&D expenditure to cash flow. The limited availability of credit for high-tech firms stems from high risk perceptions of lenders on the projects. The limited credit availability is especially affecting the performance of innovative firms, which must engage in high risk-high return projects to maintain market share.

Credit Management, Models, High technology industry, Finance, Capital formation, Loans

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