Analysis on Ramen Cartel

_SLIDE_1_
Analysis on Ramen Cartel
_SLIDE_2_
Introduction

_SLIDE_3_
Fair Trade Commission

Central government agencies

To resolve issues
related to monopoly and unfair trade
APPLIED ECONOMICS SEMINAR, FALL 2013
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_SLIDE_4_
Fair trade act
Monopoly Regulationand Fair Trade Act

Prevent monopoly of the market

Established free competition

Consumer protection and development of domestic economy
APPLIED ECONOMICS SEMINAR, FALL 2013
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_SLIDE_5_
Characteristics of domestic Ramen market
APPLIED ECONOMICS SEMINAR, FALL 2013
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Domestic 라면 sales
1997
1998
1999
2000
2001
2002
2003
sales(억)
37.8
35.8
37.8
36.4
37.3
38.3
38.3
growth rate(%)
-5
-5.3
5.5
-3.8
2.5
2.8
-0.1
index
2004
2005
2006
2007
2008
2009
2xxx
sales(억)
40.6
37.2
35.9
34.4
35.6
36.8
37.2
growth rate(%)
6
-8.3
-3.5
-4
3.2
3.4
1.2
Domestic 라면 revenue in industry

index
1997
1998
1999
2000
2001
2002
2003
revenue(억)
9,411
10,943
11,5…