Transnational Competition's Prohibitive Effects on Antimonopoly Policy
The appearance of transnational competition makes governments' antimonopoly mode change from structuralism into behaviorism. In order to pursue the effect of scale economy in international competition, governments have begun to loosen the control of monopoly. Begin with the relativity of monopoly and competition, this article analyze the cause of the prohibitive effects on antimonopoly policy from transnational competition, and put forward that the monopoly in transnational competition can promote enterprises' competence, so it should not be intervened by governments. This is of some illumination for us to re understand the role of monopoly and the purpose of antimonopoly.
With the use of data and concrete examples, such as ::: a mini-case study, and a focus on the top 20 global players, this ::: thesis aims at tackling Capex issues in the telecom industry by ::: covering: – Uses, levels, inefficiencies in Capex management, ::: notably via insider perspective, and their impacts on capital ::: allocation; – Financing of Capex via debt and the recent ::: development of asset monetization; – Specific trends (NSA, VNOs) ::: and M&A in the telecom industry and their impacts on Capex, via ::: the case study of the French SFR-Numericable ::: transaction.