Market power and contracts – the case of Philippine conglomerates

Here’s another take on why the Philippines is a poor country.  This time by Prof. Fabella.

In effect, the story is that we are poor because the rich have to strangle the rest of us in order not to become poor themselves.  Ironic?

Advertisements

2 thoughts on “Market power and contracts – the case of Philippine conglomerates

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s