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By 1927, it virtually held a monopoly of the U.S. photographic industry, and in the 1980s, Kodak still had nearly two-thirds of color-film sales worldwide (Dobbin, 2004). However, during the 1990s, it became complacent and slow to take advantage of technology and new markets, such as that of the point-and-shoot 35 mm camera. This complacency and slow action enabled Fuji, the Tokyo-based film and camera company, to jump from anonymity about 25 years ago to challenge Kodak for the number one spot.
Kodak's film business wan for more than a decade and its decline continued to accelerate in the 21st century...
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