Also, with substantial cross-border interconnector capacity, generation is effectively a price-taker
in the German power market.
However, despite being one of the biggest consumers in the world, India continues to be a price-taker
in the global market.
Shanmugam reiterated in 2012 that "we are a small state and a price-taker
in international relations.
The Commission, however, found that the financial entity IFM Global Infrastructure Fund, holding interests in both the German and Polish energy production supply or transport companies, did not have a controlling participation in either company and, moreover, the Polish company, Dalkia Polska, was in practice a price-taker
in the Polish electricity market, unable to exert any influence on the national electricity price.
A competitive firm which, by definition, is a price-taker
in all markets, does not face a downward sloping demand curve for its product, nor a rising supply price for capital goods.
Retail deposits remain the bank's main source of funding, making it particularly sensitive to the overall macro and interest rate environment, since the bank is a price-taker
in the deposits market.
Since India is a price-taker
in most cases, higher interest rates will not bring them down.
Now, the income that a price-taker
obtains from his raw materials fluctuate in accordance with the dictates of the overseas factory owners who buy the product: sometimes, the prices are high, sometimes they are low, and sometimes they are very low.
Although it won't change the course of benchmark US crude prices overnight, the deal is the latest manifestation of China's desire to use its leverage as a top consumer of industrial resources to become a price-maker, not a passive price-taker
Chris Dodds, of the Livestock Auctioneers Association, said: "In my opinion the live ring has been a price-setter rather than a price-taker
over the last 12 months.
The best that can be said for the monopoly model is that it is better than the price-taker
models because it considers a downward-sloping demand curve.
And because most farm commodities are marketed on a price-taker
basis, the option of passing these costs on to consumers through the price paid for food production does not exist.