Business study mission to Mexico manufacturing sector.

A duopoly exists in the Mexican tobacco market, with two very big firms Cigatam and CLM monopolising the market. It would be difficult to enter a market with two big players deeply entrenched and consumers becomingly price-sensitive, unless a new entrant has a way to achieve economies of scale. Ther...

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Bibliographic Details
Main Authors: Choi, Sang Hoe., Lim, Seng Gay., Tan, Raymond Kok Kay., Tan, Paul Teck Kwang.
Other Authors: Heng, Michael Swee Hai
Format: Theses and Dissertations
Language:English
Published: 2008
Subjects:
Online Access:http://hdl.handle.net/10356/7174
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Institution: Nanyang Technological University
Language: English
Description
Summary:A duopoly exists in the Mexican tobacco market, with two very big firms Cigatam and CLM monopolising the market. It would be difficult to enter a market with two big players deeply entrenched and consumers becomingly price-sensitive, unless a new entrant has a way to achieve economies of scale. There should be opportunities, though, for foreign companies wishing to strike up alliance or joint ventures through either brand sharing or asset sharing with the two big existing players.