Identify relevant market Sample Clauses

Identify relevant market. Competition evaluation is usually carried out in the economic aspect of market frame (relevant market). Relevant market is recognized by 2 conditions: products or product group transaction subjects (relevant market)18 and geographical region of this transaction (geographical relevant market). 18 Products are known as including product and service European competition agency defined: ―relevant market refers to all products/ services which is considered to be able to replace each other by their features, price and usage ―19. Horizontal economic concentration guideline of the United States wrote: ―When a product of an economic concentration party (product A) competes with one or various products of other economic concentration parties, competition agency would regard A product – related market as relevant market for evaluation. Such relevant market comprises a group of substitute products including product A. Therefore, there might be some relevant markets for one case‖.20 Relevant market could be recognized by assumption monopolist or in other words, SSNIP test (Small but significant and non-transitory increase in price). This test is to check if an assumption monopolist could increase the price in a continuous period of time without losing profit or not. When using SSNIP to recognize relevant market, competition agency would recognize one or one group of product in which assumption monopolist could increase the price, at least in SSNIP level (minimum price increase to make consumers use another substitutes), but still gain profit with the same other conditions. Relevant geographical region could be recognized by SSNIP test when monopolist increases the price in a specific region while other market conditions unchanged. When assumption monopolist applies price discrimination for types of customers or specific geographical region, competition agency needs to consider to narrow respective relevant market of each respective customer groups or geographical regions. Moreover, substitute supply need to be evaluated to limit evaluated subjects including relevant market enterprises or even enterprises which are capable of joining these market in short without paying sink cost, after the fluctuation of price in relevant market.
Sample 1
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Related to Identify relevant market

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  • Use of Bulletin Boards Space shall be made available to OCEA on agency/departmental bulletin boards within the Representation Unit provided such use does not interfere with the needs of the agency/department and material posted is not derogatory to the County, County employees or other employee organizations. Notice shall be dated and signed by the authorized representatives of OCEA responsible for its issuance.

  • Bulletin Boards The Employer shall provide bulletin board facilities for the exclusive use of the Union, the sites to be determined by mutual agreement. The use of such bulletin board facilities shall be restricted to the business affairs of the Union.

  • Bulletin Board The Employer shall provide a bulletin board which shall be placed so that all employees will have access to it and upon which the Union shall have the right to post notices of regular meetings, special meetings, seminars or Union activities.

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  • Convicted, Discriminatory, Antitrust Violator, and Suspended Vendor Lists In accordance with sections 287.133, 287.134, and 287.137, F.S., the Contractor is hereby informed of the provisions of sections 287.133(2)(a), 287.134(2)(a), and 287.137(2)(a), F.S. For purposes of this Contract, a person or affiliate who is on the Convicted Vendor List, the Discriminatory Vendor List, or the Antitrust Violator Vendor List may not perform work as a contractor, supplier, subcontractor, or consultant under the Contract. The Contractor must notify the Department if it or any of its suppliers, subcontractors, or consultants have been placed on the Convicted Vendor List, the Discriminatory Vendor List, or the Antitrust Violator Vendor List during the term of the Contract. In accordance with section 287.1351, F.S., a vendor placed on the Suspended Vendor List may not enter into or renew a contract to provide any goods or services to an agency after its placement on the Suspended Vendor List. A firm or individual placed on the Suspended Vendor List pursuant to section 287.1351, F.S., the Convicted Vendor List pursuant to section 287.133, F.S., the Antitrust Violator Vendor List pursuant to section 287.137, F.S., or the Discriminatory Vendor List pursuant to section 287.134, F.S., is immediately disqualified from Contract eligibility.

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