Competition and their Profiles We are in the in the midst of global information revolution driven by the union and increase in information and communication technologies. The telecommunications sector is changing at warp speed, driven by technological innovation that results in new equipment and services and ultimately new entrants into the market with experience in a wide range of information For more than 40 years, London based Cable & Wireless has held a monopoly in …
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showed last 75 words of 882 total
…look at the negative aspects. The result of this liberalization will lead to a few competitors in the market, which as a result would form oligopolies within the region and Barbados. Although these new oligopolies will be able to offer a better range of services than there predecessors to meet the consumers needs, we must also take into account the dangers that could arise, such as the prevention of major competition in price, service etc.