• Title/Summary/Keyword: Monopoly

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Domestic Restrictions on the Opening of Retail Stores

  • Yoon, Myoung-kil;Kim, Yoo-oh;Lee, Min-kweon;Nam, Kung-sok
    • Journal of Distribution Science
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    • v.4 no.1
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    • pp.121-140
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    • 2006
  • This study has explored a number of problems arising from distribution restrictions and the ways to improve efficiency. As matters stand, since the cooperation between larger stores and local retailers is limited due to the nature of the market, the current situations call for bottom up restrictions such as the active promotion of smaller merchants and traditional marketplaces, the enhancement of the competitiveness of smaller merchants and manufacturers through the establishment of a customized consulting support program for individual shops, and the continual support for traditional marketplaces with facilities and management modernization. The government should maintain the optimal balance between the efficiency and effectiveness of the distribution industry through such bottom up restrictions as shown above, rather than the top down restrictions primarily relying on the hurdles to the establishment of stores. The problems raised in this study include: (i) the decline of traditional marketplaces and the alleged over saturation of stores; (ii) the possible abuse of indiscreet restrictive measures; (iii) the harmful effects of the monopoly or oligopoly by larger distributors; and (iv) the lack of systematic programs to promote development. The ways to improve efficiency are: (i) the establishment of the policies to specialize and nurture traditional marketplaces; (ii) the effort to prevent the injury arising from monopoly; (iii) the two tire strategies for the coexistence of larger and smaller businesses; and (iv) the administration of joint sales promotion and training.

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A Study of the Effects and Regulations of Comparative Advertising: Focusing on the Definition and Application of Unfairly Comparative Advertising (비교 광고의 효과와 규제에 대한 연구: '부당한 비교'의 정의와 적용을 중심으로)

  • Cho, Jae-Yung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.18 no.3
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    • pp.270-276
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    • 2017
  • Previous studies of the effects of comparative advertising did not consider that comparative advertising should satisfy its legal conditions otherwise it would be unfairly comparative advertising. In this context, this study reviewed the current legal definition of 'unfairly comparative advertising' to clarify it by the definition of unfairly comparative advertising of the Guideline of Judgement of Comparative Labeling or Advertising based on the Act on Fair Labeling and Advertising. In addition, this study confirmed that comparative advertising was banned by the Monopoly Regulation and Fair Trade Act, which was the previous act on unfair labeling or advertising, and identified differences between the two Acts in regulating unfairly comparative advertising. This study analyzed 354 adjudication cases of unfairly comparative advertising based on the regulation of Monopoly Regulation and Fair Trade Act. As a result, the definitions of the two Acts of unfairly comparative advertising were found to correspond to each other. These results suggest empirically that comparative advertising was not banned legally in the past and the definition and judgement standards of unfairly comparative advertising have not been changed.

Studies on the Change of Enzyme Activities during the Fermentation of Tobacco Leaves (엽연초(葉煙草) 발효중(醱酵中) 효소활성도(酵素活性度)의 변화(變化)에 관(關)한 연구(硏究))

  • Kim, H.S.;Chun, J.K.;Lee, S.R.;Bae, H.W.;Sung, H.S.
    • Applied Biological Chemistry
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    • v.8
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    • pp.75-80
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    • 1967
  • In order to investigate the change of enzyme activities during the fermentation of tobacco leaves, whole and cut leaves were treated for twenty days at $30^{\circ}C$ and $39^{\circ}C$ by the normal procedure and inoculation of yeast, respectively, and the activity of several enzymes was measured at proper intervals. 1) Alpha-amylase activity was steadily decreased with the progress of fermentation. 2) Invertase and catalase activities were steadily decreased until the mid of the period, and then increased again toward the end of the fermentation. The latter enzyme activity showed more marked change than the former. 3) Most of the polyphenol oxidase activity were decreased abruptly in the early stage of the fermentation, and thereafter leveled down slowly. 4) Peroxidase activity was detected throughout the fermentation but no remarkable change was observed. 5) Protease activtty was not detected through the fermentation period.

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The study of the relationship of the defense industry-specific factors effect the innovation of manufacturing technology and the market share. (방위산업의 시장구조 결정요인이 기술혁신과 시장지배에 미치는 영향)

  • Chung, Young-Hyun
    • Journal of National Security and Military Science
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    • s.5
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    • pp.241-280
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    • 2007
  • This study examines the relationship of the industry-specific factors that effect innovation of manufacturing technology and the market share within the defense industry. Since the establishment of the basic defense industry framework in 1973, there were numerous interactions of the industry-specific factors of the defense industry structure with the technological innovation and market organization of the defense industry. During last three decades, the domestic defense industry has achieved the considerable level but the framework of the basic system has not developed much in areas of the military science and the defense manufacturing technology. Industry-specific factors were formed in the process and appeared in a variety of behavioral characteristics as subsystems. Currently, there IS a growing trend where the management of defense industry is gradually deteriorating due to limitation of the domestic industry-specific factor (e.g. defense technologies, amount of demand, etc.). If there is a prominent imbalance of the industry-specific factors. it can trigger the potential problem of conflict, lack of cooperation and control, slowing the growth of the manufacturing technology thereby diminishing the market and deteriorating the defense supply/demand relationship. In a research conducted by Joe S. Bain, Bain analyzed the relationship of the traditional industrial organization where industry-specific factor(S) not only impacts the conductor(C). And, conductor(C) influences the shaping of the performance(P) of relationship of the traditional industrial organization. Consequently, the researcher has identified the demand monopoly, barriers to entry, and market competition with comparison of defense industry issues. These defense issues were three industry-specific factors identified, which are 1) The demand monopoly and The entry barriers to new market competition, 2) the industrial technical factor to a production technical competitiveness and a market sharing competitiveness, 3) the probability factor to revolution for military affairs(RMA) and a R&D production. According to baseline with these factors, the following research model is established from the special companies group(Group A), the systematization companies group(Group B), and the general companies group(Group 0. The hypothesis is that if there are more industry-specific factors, then there will be more relationships of defense industry relation statutes. This research is an empirical study on the relationship that the industry specific factors effects the innovation of manufacturing technology and the shaping of the market in the defense industry. Moreover, the existing models to evaluate the industry specific factors of the defense industry IS much to be desired with the controlled statistical analysis of the result. It is vital to study on current situation with suggesting alternative strategy to the efficient strategy. The descriptive analysis approach analysis is conducted with SPSSWIN to conduct reliability test, factor analysis, correlation analysis, cross-tabulation analysis, one-way ANOVA, and multiple regression analysis. However, there were some limitations of the survey such as the rigidity of concept about the technical factors and various market management factors. The wishes is that the decision-maker could be utilized these defence industrial factors to formulate efficient defence policy and strategy in the future.

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A Study on Legal Issues of Data Portability and the Direction of Legislative Policy (개인정보 이동권의 법적 이슈와 입법 정책 방향)

  • Yi, Chang-Beom
    • Informatization Policy
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    • v.28 no.4
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    • pp.54-75
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    • 2021
  • The right to data portability needs to be introduced to strengthen the self-control of data subjects and promote personal data use. However, the right to data portability constitutes a high risk of invasion of privacy of data subjects and may infringe on the property rights of data controllers, so careful and thorough design is warranted. The right to data portability can intensify the concentration and monopoly of personal data, result in problems of overseas transfer of personal data held by public institutions, and enrich only the profits of giant platforms by burdening the data subject with high transfer cost. By contrast, SMEs are more likely to endure a personal data deprivation. From the proposed amendment to the Personal Data Protection Act are raised various legal issues such as. i) Whether to include inferred/derived data, personal data held by public institutions, activity data, sensitive data, and personal data of third parties within the scope of data portability; ii) whether SMEs are included in the data porting organization; iii) whether to exclude SMEs or large platforms from the scope of the data receiving organization; iv) Whether to allow the right to transmit to other data controllers, v) Whether to allow the overseas transfer of personal data held by public institutions, vi) How to safely exercise the right to data portability, vii) the scope of responsibility and immunity of a data porting organization, etc. The purpose of this paper is to propose the direction for legislative action based on various legal issues related to data portability.

Current Status of Korean Ginseng Products and Trends in Enhanced Functional Ginseng Products

  • Byungdae Lee;Tae-Eun Kwon;Hoon-Il Oh;Ho-jung Yoon
    • Journal of Ginseng Culture
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    • v.6
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    • pp.13-34
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    • 2024
  • The abolishment of the red ginseng monopoly act by the Korean government in 1996 resulted in a drastic change in the Korean ginseng industry, leading to a significant increase in the market size and consumption of ginseng products. Red ginseng is most popular type, with approximately 74% of harvested fresh ginseng being processed into various red ginseng products. Since 1997, there has been a substantial increase in the cultivation of ginseng for production of red ginseng, which, in turn, has contributed to the proliferation of ginseng processing companies. To investigate the products of ginseng manufacturing businesses, we select 200 companies primarily engaged in ginseng processing or specializing solely in ginseng. Our survey on the status of ginseng industry covered 8 different categories. 1) Root ginseng: There were 66 companies involved in manufacturing red ginseng root, accounting for 33.0% of all surveyed companies. This was followed by black ginseng root with 36 companies (18.0%) and red ginseng fine roots with 22 companies (11%). 2) Red ginseng products: A total of 144 companies were involved in manufacturing red ginseng pouches, making it the most common product category. This was closely followed by 142 companies producing pure(100%) red ginseng extract concentrate. 3) Fermented red ginseng products: Companies producing fermented red ginseng extract concentrate products were the most numerous, totaling 26. Following this, companies producing fermented red ginseng stick and pouch products were next in line. 4) Ginseng products: There were 15 companies involved in the production of ginseng products, with the majority focusing on ginseng tea. 5) Black ginseng products: Companies producing black ginseng extract concentrate were the most numerous, with 31 companies, followed by 26 companies producing black ginseng extract pouches. 6) Taegeuk ginseng products: Only 5 companies were involved in the production of taegeuk ginseng products. 7) Fermented black ginseng, and 8) Ginseng berry products: These categories are manufactured by less than 5 companies each. However, the variety in ginseng berry products suggests the potential for future growth. In the 2000s, a trend emerged with the development of new processed products aimed at enhancing the functional components of red ginseng, and these products have captured the attention of consumers. However, this study primarily focuses on black ginseng, fermented red ginseng/fermented black ginseng, and ginseng berry products as they have exerted a significant influence on the overall ginseng industry.

Assessing Concentration and Competition in Korean Banking Industry (국내 은행산업의 대형화에 따른 경쟁도 변화 분석)

  • Kim, Hyeon-Wook
    • KDI Journal of Economic Policy
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    • v.25 no.1
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    • pp.55-98
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    • 2003
  • This paper examines the hypothesis that states consolidation and concentration within Korean banking industry have impaired competition and escalated market power of banks. Competition is measured using Bresnahan-Lau method, which estimates a structural model consisting of a demand function and a supply function of banking services, based on aggregate monthly data of January 1996 to December 2002. Estimations indicate that pricing behavior of Korean banks during the period is consistent with perfect competition, and they behave more competitively even after the increase in concentration ratio. The results imply that, contrary to the concerns over the potential for monopoly power, bank competition may not be damaged by the consolidation.

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An Analysis on Possibility and Effect of Market Power under the 3rd Long Term Power Plan (제3차 전력수급기본계획에 따른 시장지배력 행사가능성 및 영향분석)

  • Lee, Jae-Gul;Park, Min-Hyuk;Ahn, Nam-Sung
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.56 no.6
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    • pp.1017-1022
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    • 2007
  • In this paper, we try to analyze the likelihood of exercising the power of market dominance by certain generators in future power industry of Korea. Firstly, we estimated installed generation capacity and sales volume of electricity in Korea, based on 'The 3rd Long Term Power Plan' which was announced in December 2006. Secondly, we calculated HHI, an index showing the degree of concentration of an industry, and RSI, an index showing how adequate the supply of goods or services of an industry is, using Fast-Forward. Thirdly, assuming a major generator employs the strategy of withholding a part of its available capacity at a peak time, we simulated hypothetical movement of SMP over a certain period of time, which is compared with that obtained without assuming such strategy to generate Lerner Index. an index showing the degree of market power of a monopoly. Regulators, home and abroad, have not given much interest in analyzing the effect of market dominance that is likely to be exercised by certain players in the future. That said, this paper provides insight into developing methodologies of analyzing and mitigating such effect by proposing the above indices to gauge it. In addition, this paper also shows the potential impact of employing capacity withholding strategy on the financial account of a dominant generator.

A Study on the Countermeasures to Book Search Services of Web Portals: Focusing on Google Book Search (포털 도서검색서비스 대응방안에 대한 연구 - 구글도서검색을 중심으로 -)

  • Kim, Sung-Won
    • Journal of Korean Library and Information Science Society
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    • v.42 no.1
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    • pp.397-415
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    • 2011
  • Google, an internet search service with extensive user base, has provided Book Search service. Google has pursued collaboration with publishers and libraries to obtain content for Book Search service; publisher community for the purpose of sourcing the books with copyrights, and the libraries for the purpose of digitizing their collections and also utilizing already digitized resources. Google Book Search Service has evoked significant controversy because of the potential monopoly problems and its risk, accompanied by Google's huge influence and broad user spectrum. This study, thus, suggests the countermeasures that library community should prepare in order to cope with the Google Book Search.

Design of a Switched Reluctance Motor Driving an Electric Compressor for HEVs (하이브리드 자동차(HEV) 용 전동식 컴프레서 구동을 위한 SRM 설계)

  • Jeong, Yong-Hoe;Jeon, Yong-Hee;Kang, Jun-Ho;Kim, Jaehyuck
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.62 no.5
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    • pp.620-625
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    • 2013
  • This paper presents the design of a switched reluctance motor (SRM) for electric air conditioning compressors which are applied to hybrid electric vehicles (EVs). The motor for driving air conditioning compressor which is recently used on EV(electric vehicle) / HEV (hybrid electric vehicle) is PMSM(permanent magnet synchronous motor) or BLDCM(brushless DC motor). However disadvantage of motors that uses permanent magnets are vulnerable to high temperatures because of the demagnetization by the high temperature and the permanent magnet is expensive because of the high price of rare earth materials from China's monopoly. Therefore, in the automotive insustry is interested in the non-rare-earth motors. SRM has many advantages. it's resistant to high temperatures, price is cheaper, because there are no permanent magnets and winding in the rotor. Also it's high relability and efficiency, suitable for high-speed operation because of structure is simple. In this paper, the SRM, non-rare-earth motor, are designed, analyzed and experimented drive to replace an existing electric compressor drive motor.