Given the State of competition in the given Sugar market in Ethiopia on the reading article [Excerpt from Kibre Moges (2015). The State of competition and the Competition Regime of Ethiopia, Potential Gaps and enforcement Challenges, OSSREA, Addis Ababa Ethiopia], please answer the following questions.

a.Characterize the sugar market in terms of number of sellers, type of the product, information, barriers to entry (Structural or strategic barriers?), power to affect price, profit potential and non-price competition.

b.To which market structure does the given market fits/resembles?

c.What do you think is the role of the governement Sugar Coroporation in the market and on the sector affected competition?

d.What anti-competitive practice has been observed in the sector?

e.Assuming you are managing one of the State Owned Sugar industry, what options do you have to maximize profit given the nature of the market?

What will be your recommendation on the sugar market competition?