Category: Competition

Robosub is incredible international competition for mainly student teams seeking to demonstrate their technical success in developing fully autonomous submersibles that showcase the skills of modern devices. It should be recognized that the unique feature of the competition entirely affects the final design, which should have an unmanned device: according to the regulations, the device…

Various economic and social factors motivated the recommendations made by the House of Representatives subcommittee regarding digital market platforms. The key economic factors include the discouragement of innovative ideas and monopolizing of the market. The practices adopted by the organizations discussed in the report, such as the acquisition of entrants firms in the digital market…

The rail industry has faced significant competition since the national highway system was built. As a result, the rail industry has steadily declined in performance, but it still plays a significant role in the transport network. The observation that there has been a decline in the percentage of all ton-miles moved by rail roads indicates…

When assessing a technology-driven industry, the main outlined components can be seen through two main directions, the idea itself, i.e. the technology on which the industry is based, and the delivery, the provision of the product or the service of this industry to the consumer. In the first case the main participants are the scientists,…

The geographical factors are connected with Europe’s isolation from the Indian Ocean trade, a driving force of development in the East. At the same time, Europe enjoyed its commercial growth in the Mediterranean region. Moreover, crusades allowed Europe to expand geographically and influenced the cultural peculiarities of certain countries. For example, Spanish Reconquista was based…

Introduction Competition law is a regulation that is enacted to promote market rivalry. It achieves this by regulating anti-competitive practices in the business arena. The legislation is enforced through a partnership between the private and the public sectors. In the United States and the European Union, the edict is referred to as the antitrust law.…

The desire to predict the future and understand the past drives the search for laws that explain the behaviour of observed phenomena; examples range from the irregularity in a heartbeat to the volatility of a currency exchange rate. If there are known underlying deterministic equations, in principle they can be solved to forecast the outcome…

Table of Contents How industrial regulation applies to the oligopolies How industrial regulation applies to monopolies The Federal Energy Regulatory Commission Federal Communications Regulatory Commission References The antitrust laws were set by the United States’ Federal and individual states’ governments to regulate businesses and corporations. These laws were laid down to regulate them from growing…

Introduction An intelligence function may be defined as a military or government component designed to analyse information concerning the activities, strengths and capabilities of international actors that may be a country’s opponents. Alternatively, it can be understood as the process of secretly engaging in the economic or political affairs of another country; this is commonly…

Table of Contents Introduction Dunne’s Key Arguments Dunne’s Reasons for Holding the Position Comparison with Positions Taken by Others Overall Evaluation of Dunne’s Position Conclusion References Introduction Competition is the engine of scientific progress and a mechanism for promoting economic development. Insufficient competition causes a lack of motivation of entities to reduce costs, search for…