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Samiu believes competition lowers cost

Samiu believes competition lowers cost

Monday, January 21, 2013 - 13:21
Samiu Vaipulu follows the text book theory that competition will lower cost. In reality, that can be close to the truth if it is properly managed and monitored. Take for example the oil supply industry, there has been two oil suppliers to Tonga, and yet, there is no significant appearance or evidence of lower fuel cost from competition between these two companies. – Sione Lousiale Kava.

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