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Tanit Posted 19 years ago
Grammar
competitive outbidding
0 Hi, 02 br
02 br
00 Could you have a look at this sentence I've just read in a book? 02 br
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01 i 00 EU coordination of member states' regional policies, again through competition policy, 01 u 00 can reduce the scope for costly and inefficient 'competitive outbidding' 02 u 00 or mobile investments between nations and regions. 02 i 02 br
02 br
00 (inverted commas in the original text). 02 br
02 br
00 Although I understand each and every word, I cannot understand the meaning of the underlined part, which affects my understanding of the whole sentence. Any ideas? 02 br
02 br
00 Thanks in advance! 0-
02 br
00 Could you have a look at this sentence I've just read in a book? 02 br
02 br
01 i 00 EU coordination of member states' regional policies, again through competition policy, 01 u 00 can reduce the scope for costly and inefficient 'competitive outbidding' 02 u 00 or mobile investments between nations and regions. 02 i 02 br
02 br
00 (inverted commas in the original text). 02 br
02 br
00 Although I understand each and every word, I cannot understand the meaning of the underlined part, which affects my understanding of the whole sentence. Any ideas? 02 br
02 br
00 Thanks in advance! 0-
Top answer
010id 6
- 010id 6
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3 Answers
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0 Basically, the author is saying that if the EU coordinates such "auctions", they'll be cheaper and more efficient, because more companies could participate and compete with each other 05 0 010id 1
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0 Thanks for your effort, but I think here it is regions and nations the ones which 'compete', not companies. 02 br
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00 My interpretation was that, if the EU coordinates sectoral regional policies, then regions and nations would not compete one with another in an inefficient and costly way to attract investments, and this could make the market more efficient (eg. locational
02 br
00 My interpretation was that, if the EU coordinates sectoral regional policies, then regions and nations would not compete one with another in an inefficient and costly way to attract investments, and this could make the market more efficient (eg. locational
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