Product details

By continuing to use our site you consent to the use of cookies as described in our privacy policy unless you have disabled them.
You can change your cookie settings at any time but parts of our site will not function correctly without them.

Abstract

This case investigates the role of the Fish Marketing Organisation (FMO) in wholesale fish marketing in Hong Kong. The statutory requirement for the fishermen to sell their harvest through the FMO, a legal monopoly on wholesale trading of fish, creates an artificial and prohibitive barrier for the emergence of a firm, which can vertically integrate marine fishing and fish food manufacturing activities. Despite being a monopoly, the FMO recorded eight straight years of deficit in 1992-2000. Reasons for the FMO's inefficiency are identified. The findings provide a factual base for rethinking the future role of the FMO within the supply chain of marine fish n Hong Kong.
Location:
Other setting(s):
1970s to 2003

About

Abstract

This case investigates the role of the Fish Marketing Organisation (FMO) in wholesale fish marketing in Hong Kong. The statutory requirement for the fishermen to sell their harvest through the FMO, a legal monopoly on wholesale trading of fish, creates an artificial and prohibitive barrier for the emergence of a firm, which can vertically integrate marine fishing and fish food manufacturing activities. Despite being a monopoly, the FMO recorded eight straight years of deficit in 1992-2000. Reasons for the FMO's inefficiency are identified. The findings provide a factual base for rethinking the future role of the FMO within the supply chain of marine fish n Hong Kong.

Settings

Location:
Other setting(s):
1970s to 2003

Related