Article;
http://economictimes.indiatimes.com/opinion/editorial/sebi-chairman-in-favour-of-competition-among-bourses/articleshow/8212637.cms
Comment;
The purpose is to make available things at lower prices to consumers. Too much competition will unnecessarily increase the price of end products and will add to instability. Price-competition is different from usual competition in stock market which is highly unstable, but not naturally, except human-behavior. Rather the emphasis should be on to increase competition to make GOODS & SERVICES available at lower cost. The cost of competition in stock market is instability.
http://economictimes.indiatimes.com/opinion/editorial/sebi-chairman-in-favour-of-competition-among-bourses/articleshow/8212637.cms
Comment;
The purpose is to make available things at lower prices to consumers. Too much competition will unnecessarily increase the price of end products and will add to instability. Price-competition is different from usual competition in stock market which is highly unstable, but not naturally, except human-behavior. Rather the emphasis should be on to increase competition to make GOODS & SERVICES available at lower cost. The cost of competition in stock market is instability.
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