Tuesday, March 25, 2008

Competition, co-operation, and cartels

[Khattar's multibrand auto service venture to begin in 2009 Economic Times, India - 22 Mar 2008
NEW DELHI: Former Managing Director of the country's biggest carmaker Maruti
Suzuki India Ltd (MSIL), who plans to set up multibrand automobile service stations across the country, will kick start operations by next year... He said the idea behind his pet project was to provide ultimate servicing experience to consumers and convenience to those who own a set of 2-3 cars, all from different companies.]

When The Times of India and Hindustan Times launched their joint venture tabloid, Metro Now, it marked the end of a long battle of wits, and dawning of the realization that besides competition, co-operation also augurs well for commerce. Harnessing of ATMs for multiple banks, or Khattar's multibrand auto service are analogous trends the future of which is hard to anticipate, but undesirable cartels emerging out of such cohabitation is a big fear. Networking amongst MNCs affecting geo-politics is also a potential danger. [TNM]

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