Market structure advantage

States anticipated a global taste only because they were the first in the position to test that unique design. 

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Market structure advantage. Conditions that increase the level of competition between domestic firms and facilitate low market entry barriers for new firms. 

It is apparent that the most important factor for low prices in mobile telephony is competition. Competition is a main factor for the price policy of operators. It will be discussed in greater detail in the section concerning the market structure advantage. 

To summarise, the factor of competition on lead markets is therefore much more complex than simply a question of the number of operators. The market structure advantage in the case of mobile telephony derived from a competitive environment. The Nordic countries, the UK and the US had introduced competition in cellular telephony at an early stage. Yet, only the Nordic countries happened to constitute a dynamic mobile market and could gain a lead market advantage from domestic competition. The regulatory implementation of competition in the US delayed cellular telephony, added uncertainty and kept mobile operators too snriall compared to the large investments which were necessary. 

Market structure advantage Conq)etition in the medical industry is much more intense in Southeast Asian countries than in western countries, where hospitals are state-owned and most of the health care sector is highly regulated. In Asia private hospitals are common and preferred by high-skilled doctors and nurses. Even public hospitals are competitive. Competition comes from medical centres run by entrepreneurial doctors. In Europe private hospitals are rare and mandatory medical insurance prevents competition between health institutions, leaving few ince n-tives for hospitals to provide additional nursing and related convenience services. 

Market structure advantage The large number of local producers spur competition and maintain a constant flow of innovations. In Malaysia more than 100 small firms operate in the hair care sector. As a result, the variety of products is much higher and the discovery of new consumer trends is more likely in these countries than in the oligopolistic markets in Europe, the United States and Japcin. A few large firms dominate the personal care business and the consumer distribu-... 

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