11.   The problem is that the heyday of corporate profit growth is over, as increased competition erodes company earnings, analysts said.

12.   These margins can be eroded by competition and the lowering of official rates set by the Danish central bank.

13.   Toronto-based Oshawa Group decided to sell the unit because margins on drugs are being eroded by competition from mail-order rivals, supermarkets and mass merchandisers.

14.   Yesterday, U.K. supermarket shares fell after J. Sainsbury Plc warned that continued price competition could erode margins at its Sainsbury Supermarkets.

15.   Because competition could erode the universal-service subsidies, Congress directed the FCC to write new rules.

16.   In a commentary, Business Times daily said the deferment made sense because Asian electricity stocks were not performing well as deregulation and competition had eroded their earnings potential.