DG Information, communication and multimedia Media Vertical and horizontal integration in the media sector and EU competition law Miguel Mendes Pereira* “The ICT and Media Sectors within the EU Policy Framework” U.L.B.-SMIT (Studies on Media, Information and Telecommunications) CEAS-Norwegian School of Management, Oslo Telenor Broadcast Brussels, 7 April 2003 OUTLINE Introduction I. Convergence and integration 1. Technical convergence 2. Economic convergence 3. Efficiencies II. Competition
capabilities and resources that led Samsung’s success include; the ability to recognize opportunity through a visionary management team, intense acquisition of technology and learning, product and process innovation, a fluid manufacturing and assembly system and the ability to develop partnerships and joint ventures. In the midst of the global financial crisis, the Korean currency’s value, won, had fallen tremendously. Samsung’s management team saw this as an opportunity to start outsourcing from
Dismantling stagnation in Mercosur Introduction Before the 1990s, economic integration in Latin America was overshadowed isolation mechanisms placing barriers between neighboring countries in hopes of developing domestic growth. By the turn of the last decade in the 20th century, more countries became increasingly interested in the potential benefits of deeply integrating nations through cross-border trading. The countries of the Southern Cone of South America courageously took modern economic initiatives
Zara Case Study Name Academic Institution Zara Case Study Executive Summary This case study (Ghemawat, Nueno, & Dailey, 2003) of the Spanish retail apparel company Zara, one of the six retail brands owned by Spanish company Inditex, focused on a number of issues confronting the retailer. These issues arose mainly from the consideration that Zara defied many of the dynamics of the retail apparel market. Zara, unlike its competitors, owned most of its production as well as its own stores
security and stability are basic factors in providing investment, development, trade and regional economic integration. Experience has shown that civil strives; political instabilities and cross-border disputes in the region have seriously affected the ability of the countries to develop their individual economies as well as their capacity to participate and take full advantage of the regional integration arrangement under COMESA. It has now been fully accepted
Since 1980s, international relations has had complicated and profound changes, among which the political complexion between countries is significantly faded. In particular, with the speeding of economic globalization and regional economic integration, the important role of economic force is gradually highlighted in the world’s political and economic relations. In recent years, China and Russia, as two of the most important emerging economies, have maintained relatively even economic growth under
Vertical integration is the process of combining firms, usually under a single ownership, that are different parts of a larger production scale. This could be anything from two firms to all of the firms that make up the supply chain. Due to combining multiple smaller firms, this form of integration has an effect on the market power that the firm(s) has (Riordan, 2008). This differs to horizontal integration which is the combination of firms or expansion of a single firm at one particular point of
Plan with good control might help the business to overtake the bad situation and converted to good situation. I will explain what are the disadvantage of Zara's fast fashion disruption System, and how these disadvantage offset by the advantage. First of all, the meaning of the fast-fashion is when most of the clothing shops are leading the modern world by tempest trade in short time. The items should be distinguished onto shelves very
enabled goods to be produced at costs far below what older technology achieved (it was reliant on volume) • Vertical integration – when you choose to produce raw materials and/or distribute finished goods themselves rather than rely on independent suppliers, factors and agents for these tasks o Vertical integration was the crazy o A couple years after this horizontal integration was the focus • Multidivisional or M-form – refers to organizational structure by which firm is separated into several
Gaurav kumar (SEC. A) Grand Strategies Strategy Formulation is a strategic planning or long range-planning. This process is primarily analytical, not action oriented. This process involves scanning external and internal environmental factors, analysis of the strategic factors and generation, evaluation and selection of the best alternative strategy appropriate to the analysis. Identification of various alternative strategies is an important aspect of strategic management as it provides the alternatives