英语翻译The SSNIP test presents a separate set of challenges for
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英语翻译
The SSNIP test presents a separate set of challenges for analysis of high
technology industries.Absent investigation of a merger or acquisition,when
prevailing prices can usually be used as the basis for applying the SSNIP test,the
most immediate problem that faces the analyst is the difficulty of identifying the
competitive level of prices to be used as a benchmark to assess the impact of a
SSNIP.This is much more difficult for highly differentiated products than for
commodity or lightly differentiated products.With highly differentiated products,
price and performance variations can be very substantial and markets may appear
to be fragmented,with many customized products tailored to specific users and/or
applications.In such circumstances,even assembling comparable price series for
competing products may be difficult or impossible.
The SSNIP test presents a separate set of challenges for analysis of high
technology industries.Absent investigation of a merger or acquisition,when
prevailing prices can usually be used as the basis for applying the SSNIP test,the
most immediate problem that faces the analyst is the difficulty of identifying the
competitive level of prices to be used as a benchmark to assess the impact of a
SSNIP.This is much more difficult for highly differentiated products than for
commodity or lightly differentiated products.With highly differentiated products,
price and performance variations can be very substantial and markets may appear
to be fragmented,with many customized products tailored to specific users and/or
applications.In such circumstances,even assembling comparable price series for
competing products may be difficult or impossible.
SSNIP(垄断者测试)对高技术产业提出了一系列挑战.由于没有对合并和收购进行调查,当目前的价格可能经常被用作申请SSNIP(垄断者测试)的基础价格时,分析师面临的最直接的问题是对价格竞争力水平的识别,这些价格会被用来作为对SSNIP(垄断者测试)影响评价的基准.与日用品或轻度分化的产品相比,这对于高度分化的产品来说要困难得多.对于高度分化的产品来说,有许多针对具体用户或应用定制的产品,价格和性能的变化可能是实质性的,并且市场可能会显得不集中.在这种情况下,对竞争产品装配可比价格系列也许是困难的或不可能的.
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