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- Title
The Bottled Water Industry: Monopoly and Competitiveness.
- Authors
VALENTINO, Maria Carla
- Abstract
In this century the water problem is worrying and alarming worldwide and this is caused by over-exploitation of man that uses more than 50% for domestic use. Exacerbating the situation is the pollution caused by the companies, climate change and the excessive use in agriculture for irrigation. In this scenario take advantage big companies that are buying groundwater basins and aquifers to acquire a monopoly and to sell at high prices according to market rules. These giants, along with the financial institutions and states, hope for a water privatization because it could guarantee the modernization of a high-gain sector. The inclusion of big companies is leading to a water dictatorship and to attribute it the definition of Blue Gold. Various bodies have engaged in trying viable solutions and to make concrete actions and they are also joined by some companies interested in preserving the indispensable resource. The case shows how, in addition to being the dominant company in the world for the production of packaged water, it is very attentive to the water issue and it is actively involved in raising awareness and to disseminate the concept of sustainable use of the same.
- Subjects
BOTTLED water industry; MONOPOLIES; ECONOMIC competition; WATER supply; CLIMATE change; PRIVATIZATION
- Publication
Quality - Access to Success, 2017, Vol 18, Issue 159, p93
- ISSN
1582-2559
- Publication type
Article