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View the video on recent and controversial foreign direct investment (FDI) changes in India's retail industry: Protests Across India Over Supermarket Competition- http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/9554586/Protests-across-India-over-supermarket-competition.html.

Then, briefly research the international operations of Wal-Mart and Carrefour, particularly the burgeoning opportunities for the multi-brand retail segment in the Indian foreign market. The two articles in Module Resources may be helpful in addition to your own research.

What are the early-mover advantages these rivals sought in India? Do either of the two firms have the "overwhelming" resources to overcome India's liability of foreignness and institutional differences and seize the advantage?

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