1. Another kind of price competition between supermarkets is in the extent and diversity of private label offerings, so-called store brands. 2. As for price competition, it is about as real and intelligible as it is in the life insurance or banking fields. 3. As one would expect from this Market structure, firms have tended to avoid price competition. 4. Some worry that certain pieces of the technology business could be hurt by a slowing economy and stiff price competition. 5. The reason is that the on-line world is seeing the start of some serious price competition. 6. The result for customers could be fierce price competition and an explosion of service options. 7. Therefore price competition between them for the right to sell to the retailers would drive price to Marginal cost. |