The Impact Of Eu Liberalisation Policy On The Uk Energy...

This essay will detail the impact of EU liberalisation policy on the UK energy industry and relate this to a previous sample of a group of suppliers. This essay will discuss industry supplier concentration, oligopoly and monopolistic competition, the EU competition commission and potential single markets which are not yet subject to scrutiny by the competition commission. Industry supplier concentration measures how many suppliers there are in a certain industry. The amount of firms in an industry will affect whether the firms are involved in an oligopoly, a monopolistic market or a perfectly competitive market. Concentration ratios can be used to measure how concentrated a certain industry is. The most common concentration ratio used is the four-firm concentration ratio which measures the output of the 4 largest firms in the market and gives that as a ratio of the overall industry sales. Another method of measuring concentration within an industry is by using the Herfindahl Hirschman Index (HHI).This measurement is calculated by determining the market share of each firm, squaring each number then adding them together. If the number that is calculated is below 1000 it is considered to be of a low concentration and if it is above 1800 it is considered highly concentrated, however it can be between 0 (perfect competition) and 10,000 (pure monopoly). (MI CROECONOMICS 2007) In the sample, the suppliers will be measured by a HHI as to show market concentration. It would not beShow MoreRelatedAgricultural Trade Policies During The European Union2976 Words   |  12 Pages Agriculture has been one of the flagship areas of European collaboration since the early days of the European Community (EC). Agricultural trade policies in the European Union (EU) can be divided into roughly two parts: production support via the Common Agricultural Policy (CAP) and External Trade Barriers via tariffs and quotas set against non-member states. When the principles of the â€Å"Common Market† were decided in late 50s, France insisted on a system of agricultural subsidies as its price forRead MoreBangladeshs Trade Barriers in Global Perspective - a Comparative Analysis11770 Words   |  48 PagesA COMPARATIVE ANALYSIS References: A. B. Defence Services Command and Staff College (DSCSC) Prà ©cis on Individual Joint Services Stuff Duties Manual 2003. INTRODUCTION Research Paper, for DSCSC 2008- 2009 course. â€Å"It is inconsistent to support a policy of low trade barriers. Either trade barriers are useful, then they cannot be high enough; or they are harmful, then they have to disappear completely.† - Ludwig von Mises, economist. 1. In most simplistic terms the Trade barrier/restrictiveness isRead MoreDevelopment and Globalisation Essay7740 Words   |  31 Pagesdifferent contexts whether it is social, economical, political etc. However generally development refers to an improvement in certain areas: †¢ Economic o An increase in the country’s economy with a shift from secondary to tertiary industry which becomes less dependent on FDI. †¢ Demographic o An increase in population and a more ageing population as standard of living increases. Birth rates and death rates drop as life expectancy increases. †¢ Social Read MorePrimary Sector of Economy17717 Words   |  71 Pagesmost important in less developed countries, and typically less important in industrial countries. The manufacturing industries that aggregate, pack, package, purify or process the raw materials close to the primary producers are normally considered part of this sector, especially if the raw material is unsuitable for sale or difficult to transport long distances.[1] Primary industry is a larger sector in developing countries; for instance, animal husbandry is more common in Africa than in Japan.[2]Read MoreNivea Presentation3606 Words   |  15 PagesUnemployment rate: (2007) 9.0%; (April 2009) 8.6%. Natural resources: Iron, hard coal, lignite, potash, natural gas. Agriculture (0.9% of GDP in 2007): Products--corn, wheat, potatoes, sugar, beets, barley, hops, viticulture, forestry, fisheries. Industry (26.0 % of GDP in 2007): Types--car-making; mechanical, electrical, and precision engineering; chemicals; environmental technology; optics; medical technology; biotech and genetic engineering; nanotechnology; aerospace; logistics. Trade (2007):Read MoreIron and Steel Industry11487 Words   |  46 Pagesto study the factors which affect the profitability of IRON AND STEEL industry, which is the most crucial element for the growth of any developed or developing economy. It acts as backbone of human civilisation. It is a product of a large and technologically complex industry having strong forward and backward linkages in terms of material flows and income generation. With regards to Indian Economy it is one of the most energy intensive sectors. Increase in productivity can be achieved through cleanerRead MoreAirline and Virgin Atlantic Airways9278 Words   |  38 Pagescustomers, may it be from first or economy classes. Virgin Atlantic Airways aims to recreate the mystique of air travel through the amalgamation of one-of-a-kind in-flight luxuries with circus side-show. However, these features are imitated by various industry rivals. The airline is awarded by various institutions for its outstanding customer service. Customer service is undeniably perfected by most Virgin business ventures. By taking in -consideration the requirement to please customers, the airlineRead MoreForecasting Natural Gas Prices6624 Words   |  27 Pagescompetitive, natural gas prices will continue to be indexed to oil prices directly or indirectly. In a competitive market the reference prices are more volatile, but more transparent, such as, Henry Hub (HH) in the US and the National Balancing Point (NBP) in UK. Both buyers and sellers have a reasonable assurance that prices marked to HH or NBP are competitive. In sharp contrast, Table 1 Regional pipeline natural gas trade (bn cu m) Regions North America Europe Algeria Russian Federation Others 2004 121.78Read MoreWine Consumption Essay examples6888 Words   |  28 Pagesglobal business environment. a-1. Figure 12 wine consumption a-2. Top 10 wine consumers a-3. Changing in total wine consumption b. Discuss any market trends or developments that are relevant or may impact on the organisation 1-a. The organisations mission or vision A vision to establish a high quality wine facility, with boutique wines at a reasonable price, establishing long lasting customer businessRead MorePorter 5 Forces Analysis of Tourism in Dubai8687 Words   |  35 Pages Changing Trends of Tourism Industry in DubaiPresentation Transcript * 1. Changing Trends ofDubai Tourism Industry Pooja Kalloor Swapna Malekar * 2. Objective Dubai Tourism Ecosystem Perception of Dubai amongst Tourists Understand different types of Tourism - Business, Retail and others Challenges of Dubai as a Tourist destination * 3. Destination Dubai Safe Compact Connectivity Affordable Luxury Special Events Cruises * 4. Key Performance Indicators WEF’s Tamp;T Competitiveness