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Competition Is Not Severe in the Telecommunication Industry in Brazil

question 8

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Competition is not severe in the telecommunication industry in Brazil. More than ninety percent of the market is dominated by four large players. Which of the following will increase the rivalry among these four players?


Definitions:

Assignee

A person or organization that receives rights or interests from another party, referred to as the assignor.

Draft

A preliminary version of a document or plan that is subject to revision or editing.

Drawer

The person who writes or issues a check or draft instructing the bank to pay a specified sum to the named beneficiary.

Drawee

The party on whom a check, draft, or bill of exchange is drawn and who is ordered to pay the specified amount.

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