Ever wondered about the dynamics behind pricing in the shipping sector? According to a PIDS study, the few number of domestic shipping companies in the Philippines enable them to exercise market power, commanding higher rates for shipping goods than passenger fares.
Read: bit.ly/pidsdps2344
What does “market power” mean?
Gallery Images:
![PIDS Buzzword Board: Market Power-MP-1.jpg](https://pidswebs.pids.gov.ph/CDN/gallery-new/1204/1718853405_66739f1d9eb82.jpg)
![PIDS Buzzword Board: Market Power-MP-2.jpg](https://pidswebs.pids.gov.ph/CDN/gallery-new/1204/1718853405_66739f1da6c42.jpg)