Price competition is one of many ways that a product or service can compete in the marketplace. In price competition, two products which are substantially similar are judged by prospective consumers ...

In market economies, there are a variety of different market systems that exist, depending on the industry and the companies within that industry. It is important for small business owners to ...

The following is an excerpt from Phil Mackintosh and Michael Normyle's paper titled: How Exchanges Compete: An Economic Analysis of Platform Competition. The full paper can be read here. Exchanges ...

ABSTRACT Under ideal market conditions, competition among producers of a commercial good can drive down prices. The market for pharmaceuticals, however, is inefficient in many ways, leading to rapid ...

The rise of large digital platforms has promoted new thinking around the world on whether competition policy and law are suitable for the digital era. The European Union has developed a landmark law, ...