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Word Count: 347
The Internet Market in Kuwait Many competitive markets have been appeared in Middle East lately and specially in Kuwait The One which I will discuss is the Internet competitive market in Kuwait Internet has been a great demand in all over the world In 1992 The ministry of communication in Kuwait provided the internet service Since there was no community attraction toward the internet the price of the provided service was pretty high Since this company was the only one produced a certain markets product they had inflated the price to the absolute highest cost that people would still pay Because of that there was an absolute need for competition Competition lowers the price because of the competition for costumers Moreover the provided service by the only company didnt have the quality that worth its price like the lines were always busy or even if you get connected to the network the connection speed wouldnt be higher than 2400 bps Companies were rarely thinking of joining this market because the number of people demanding this service was unstable and depending just on the high educated class or the university Over the last 6 years the demand of the internet has greatly increased and many competitive companies showed up to satisfy the consumers demand Many companies started to break the monopolization of this market and the price has been dropped incredibly Thus the demand of this market started to raise up again This competition among companies also raises the quality of the products because if a company put little technology and capital into their output consumers would not buy from them rather they would buy from the competition In my own opinion the companies would receive better advantages if they made a special discount for students That because most of the people using the internet in that country are students In my conclusion I would like to mention these words written
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