61. The company was also legally bound to promote competition in the industry and ensure electricity supplies met standards of supply and quality. 62. Festival organisers also hope for high standard of competition in a new music competition to be held for the first time this year. 63. Increasing competition in international markets is forcing Japanese companies to cut costs and even, in some cases, pull out of markets altogether. 64. The programme was conceived because Scotland seriously lags behind UK and European competition in the creation of new, fast-growth companies. 65. Some experts believe that British Rail would respond to competition in the same way. 66. Apart from intense competition in the retail savings market, banks and building societies also compete strongly in the market for house finance. 67. Similarly, competition in the market for loans results in variations in interest rates on loans. 68. In what ways will we be vulnerable to more competition in our present markets? 69. The company now feels that the industry is likely to remain depressed and foreign competition in the UK market is likely to increase further. 70. A number of grounds in the Republic have floodlight facilities and could have offered day-night matches which were such a successful feature of the competition in Australiasia. |