Economics class: Ethiopian telecoms sell-off flops in wake of economic and security concerns
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Market structures, competition
Click to read the article below and then answer the questions:
Distinguish between privatisation and nationalisation
Explain what is meant by competitive tendering
Ethio Telecom is described as a ‘state monopoly.’ Using a diagram, analyse the implications for Ethiopia’s consumers
The article refers to ‘sharing infrastructure with Ethio Tel’ Using your knowledge of market structures, evaluate the extent to which there would be a wasteful duplication of resources if firms chose to invest in their own infrastructure
Gavin Clarke, Emmanuel College