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Buy custom Iti'S Demise: Reluctance To Change

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Topic: Business
Number of pages / Number of words: 5 / 1370
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Thus its demand rises, if demand for wireline rises, and falls if demand for wireline falls. This indicates that ITI’s sales are dependent on demand in market for wireline connections (DOT). So while DOT was operating in a monopoly market, ITI was operating in non-collusive oligopoly.

Both these complementary products have undergone change over the years...


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Later due to technological changes, followed by deregularization, entry of private players in the market and consequent changes in the tastes and preferences of consumers, the service provider sector converted from monopoly to oligopoly, while equipment market changed from oligopoly to monopolistic competition...


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