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price competition
(redirected from Non-price competition)

   Also found in: Financial, Wikipedia 0.01 sec.
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Noun1.price competition - intense competition in which competitors cut retail prices to gain business
competition - a business relation in which two parties compete to gain customers; "business competition can be fiendish at times"


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They also argue that because members of the cartel cannot engage in competition based on price, they are forced into non-price competition, resulting in an "arms race" among members, especially in the form of new facilities construction, that causes most members to lose money.
No one model is broad enough to account for all of these activities, hence we begin with some simple abstraction, namely that the firms arrive at a pricing strategy through non-market means, and that the firms rely heavily on non-price competition for their survival.
THE COMMISSION CONTENDS THAT ISP STARTED PRICE AND NON-PRICE COMPETITION AMONG STORE PLANNERS, WHETHER THEY WERE MEMBERS OR THE INSTITUTE OR NOT.
 
 
 
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