Is Competition Desirable In The Credit Rating Industry ?

1.	Is Competition Desirable In The Credit Rating Industry ?
Answer» Competition in the credit rating industry is DESIRABLE to meet the 'better service at a cheaper PRICE' objective on an ONGOING basis. However, it is essential to guard against some undesirable effects of competition, such as lax ratings or sub-optimal quality of research and ANALYSIS. Competition in the credit rating industry is desirable to meet the 'better service at a cheaper price' objective on an ongoing basis. However, it is essential to guard against some undesirable effects of competition, such as lax ratings or sub-optimal quality of research and analysis.

Answer»

Competition in the credit rating industry is DESIRABLE to meet the 'better service at a cheaper PRICE' objective on an ONGOING basis. However, it is essential to guard against some undesirable effects of competition, such as lax ratings or sub-optimal quality of research and ANALYSIS.

Competition in the credit rating industry is desirable to meet the 'better service at a cheaper price' objective on an ongoing basis. However, it is essential to guard against some undesirable effects of competition, such as lax ratings or sub-optimal quality of research and analysis.

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