Related Research Articles
In economics, a network effect is the phenomenon by which the value or utility a user derives from a good or service depends on the number of users of compatible products. Network effects are typically positive, resulting in a given user deriving more value from a product as more users join the same network. The adoption of a product by an additional user can be broken into two effects: an increase in the value to all other users and also the enhancement of other non-users' motivation for using the product.
iMovie is a free video editing application made by Apple for the Mac, the iPhone, and the iPad. It includes a range of video effects and tools like color correction and image stabilization, but is designed to be accessible to users with little or no video editing experience. iMovie's professional equivalent is Apple's Final Cut Pro X.
Anti-competitive practices are business or government practices that prevent or reduce competition in a market. Antitrust laws ensure businesses do not engage in competitive practices that harm other, usually smaller, businesses or consumers. These laws are formed to promote healthy competition within a free market by limiting the abuse of monopoly power. Competition allows companies to compete in order for products and services to improve; promote innovation; and provide more choices for consumers. In order to obtain greater profits, some large enterprises take advantage of market power to hinder survival of new entrants. Anti-competitive behavior can undermine the efficiency and fairness of the market, leaving consumers with little choice to obtain a reasonable quality of service.
In theories of competition in economics, a barrier to entry, or an economic barrier to entry, is a fixed cost that must be incurred by a new entrant, regardless of production or sales activities, into a market that incumbents do not have or have not had to incur. Because barriers to entry protect incumbent firms and restrict competition in a market, they can contribute to distortionary prices and are therefore most important when discussing antitrust policy. Barriers to entry often cause or aid the existence of monopolies and oligopolies, or give companies market power. Barriers of entry also have an importance in industries. First of all it is important to identify that some exist naturally, such as brand loyalty. Governments can also create barriers to entry to meet consumer protection laws, protecting the public. In other cases it can also be due to inherent scarcity of public resources needed to enter a market.
European Union competition law is the competition law in use within the European Union. It promotes the maintenance of competition within the European Single Market by regulating anti-competitive conduct by companies to ensure that they do not create cartels and monopolies that would damage the interests of society.
Managerial economics is a branch of economics involving the application of economic methods in the organizational decision-making process. Economics is the study of the production, distribution, and consumption of goods and services. Managerial economics involves the use of economic theories and principles to make decisions regarding the allocation of scarce resources. It guides managers in making decisions relating to the company's customers, competitors, suppliers, and internal operations.
Predatory pricing is a commercial pricing strategy which involves the use of large scale undercutting to eliminate competition. This is where an industry dominant firm with sizable market power will deliberately reduce the prices of a product or service to loss-making levels to attract all consumers and create a monopoly. For a period of time, the prices are set unrealistically low to ensure competitors are unable to effectively compete with the dominant firm without making substantial loss. The aim is to force existing or potential competitors within the industry to abandon the market so that the dominant firm may establish a stronger market position and create further barriers to entry. Once competition has been driven from the market, consumers are forced into a monopolistic market where the dominant firm can safely increase prices to recoup its losses.
Competition law is the field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition law is implemented through public and private enforcement. It is also known as antitrust law, anti-monopoly law, and trade practices law; the act of pushing for antitrust measures or attacking monopolistic companies is commonly known as trust busting.
Memory foam consists mainly of polyurethane with additional chemicals that increase its viscosity and density. It is often referred to as "viscoelastic" polyurethane foam, or low-resilience polyurethane foam (LRPu). The foam bubbles or ‘cells’ are open, effectively creating a matrix through which air can move. Higher-density memory foam softens in reaction to body heat, allowing it to mold to a warm body in a few minutes. Newer foams may recover their original shape more quickly.
A tablet computer, commonly shortened to tablet, is a mobile device, typically with a mobile operating system and touchscreen display processing circuitry, and a rechargeable battery in a single, thin and flat package. Tablets, being computers, have similar capabilities, but lack some input/output (I/O) abilities that others have. Modern tablets largely resemble modern smartphones, the only differences being that tablets are relatively larger than smartphones, with screens 7 inches (18 cm) or larger, measured diagonally, and may not support access to a cellular network. Unlike laptops, tablets usually run mobile operating systems, alongside smartphones.
In economics, competition is a scenario where different economic firms are in contention to obtain goods that are limited by varying the elements of the marketing mix: price, product, promotion and place. In classical economic thought, competition causes commercial firms to develop new products, services and technologies, which would give consumers greater selection and better products. The greater the selection of a good is in the market, the lower prices for the products typically are, compared to what the price would be if there was no competition (monopoly) or little competition (oligopoly).
Market dominance is the control of a economic market by a firm. A dominant firm possesses the power to affect competition and influence market price. A firms' dominance is a measure of the power of a brand, product, service, or firm, relative to competitive offerings, whereby a dominant firm can behave independent of their competitors or consumers, and without concern for resource allocation. Dominant positioning is both a legal concept and an economic concept and the distinction between the two is important when determining whether a firm's market position is dominant.
Article 102 of the Treaty on the Functioning of the European Union (TFEU) is aimed at preventing businesses in an industry from abusing their positions by colluding to fix prices or taking action to prevent new businesses from gaining a foothold in the industry. Its core role is the regulation of monopolies, which restrict competition in private industry and produce worse outcomes for consumers and society. It is the second key provision, after Article 101, in European Union (EU) competition law.
The iPad is a brand of iOS and iPadOS-based tablet computers that are developed by Apple Inc., first introduced on January 27, 2010. The iPad range consists of the original iPad lineup and the flagship products iPad Mini, iPad Air, and iPad Pro.
In computing, a SHSH blob is a digital signature that Apple generates and uses to personalize IPSW firmware files for each iOS device. SHSH blobs are part of Apple's protocol designed to ensure that only trusted software is installed on the device, generally only allowing the newest iOS version to be installable. Apple's public name for this process is System Software Authorization. The term “SHSH blob” is unofficial and based on abbreviations for signed hash and binary large object. An alternative term, ECID SHSH, refers to the device's ECID, a unique identification number embedded in its hardware)
The HP TouchPad is a tablet computer that was developed and designed by Hewlett-Packard. The HP TouchPad was launched on July 1, 2011, in the United States; July 15 in Canada, United Kingdom, France, Germany; and August 15 in Australia.
In marketing strategy, cannibalization is a reduction in sales volume, sales revenue, or market share of one product when the same company introduces a new product.
The iPad Mini is a line of mini tablet computers designed, developed, and marketed by Apple Inc. It is a sub-series of the iPad line of tablets, with screen sizes of 7.9 inches and 8.3 inches. The first-generation iPad Mini was announced on October 23, 2012, and was released on November 2, 2012, in nearly all of Apple's markets. It featured similar internal specifications to the iPad 2, including its display resolution.
The first-generation iPad is a tablet computer designed and marketed by Apple Inc. as the first device in the iPad lineup of tablet computers. The device features an Apple A4 SoC, a 9.7 in (250 mm) touchscreen display, and, on certain variants, the capability of accessing cellular networks. Using the iOS operating system, the iPad can play music, send and receive email and browse the web. Other functions, which include the ability to play games and access references, GPS navigation software and social network services can be enabled by downloading apps.
The iPad Pro is a series of tablet computers, positioned as a premium model of Apple's iPad tablet computer. It runs iPadOS, a tablet-optimized version of the iOS operating system.
References
- ↑ Ryan Jones (July 18, 2012). "The Reason for the iPad Mini" . Retrieved 2012-08-15.
- ↑ Anthony Wing Kosner (2012-07-22). "Apple Will Sell A Smaller iPad Or Be Disrupted From The Bottom Up By Google's Nexus 7". Forbes. Retrieved 2012-08-15.
- ↑ William J. Kolasky (November 14, 2002). "Using Competition Policy to Promote International Competitiveness" (PDF). U.S. Depathement of Justice. Retrieved 2012-08-15.
- ↑ Philippe Choné1; Bruno Komly; Valérie Meunier (July 15, 2010). "Margin squeeze, entry, and "umbrella effect"" (PDF). CREST. Retrieved 2012-08-15.
