So the amount of output produced by the industry was somewhere between the case that would be under monopoly and under perfect competition.
亦即是行业产量,在某种程度上是介于,在垄断和完全竞争两种情况之间
Like I said before, it's a very competitive industry so
就像我说的,我工作的行业竞争很激烈,
General Motors, as you know, is an auto producer in the United States and it hasn't been doing well, as you may have heard -as is the general auto industry in this country; it's suffering under competition from abroad.
通用汽车公司,众所周知,是美国的汽车制造商,它现在效益不好,也许你们听说过,整个国内汽车行业的情况都不好,它承受着来自海外品牌的竞争
That's why the fashion industry is very competitive.
这就是为什么时装行业竞争如此激烈。
So, the government created competitors and it privatized them so that both Fannie and Freddie became what are called GSEs -these are Government Sponsored Enterprises.
政府先培育一些行业竞争者,然后再让它们私有化,于是房利美和房地美,成为了所谓的GSEs,即政府支持企业
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