The CEO has spoken :p

Yo!

Could I request that you sign off with your name after each post?

Am highly impressed with the person who did the detailed write-up on instant noodles... linking it from theory of DD & SS all the way to market structures. Kudos!

Just one comment... According to the 1st article on instant noodles, China accounts for about 40 %. This in itself does not give raise to a monopoly. Indeed, realistically speaking, one can't find a true monopoly, ie. one who controls 100% of the entire market. So, after doing a bit of google-ing, the Sherman Anti-Trust Act (a US law that prohibits monopolies) stipulates that a firm having a market share > 75% indicates monopoly power. Any thing below is not.

So what is the likely market structure of the instant noodles industry then...

Keep the posts coming in!

jtengara
Output time: 9:26 PM