In business, competition and monopoly lie at opposite ends of the spectrum. Monopolistic competition sits somewhere between them. It's a situation where you have competitors, but you're distinctive ...

Explore oligopolies, where a few firms dominate a market, influencing prices and outcomes. Learn about characteristics, ...

Here’s an example of “Perry’s Law,” which says that “competition breeds competence” and thereby forces producers to offer consumers better service, higher quality and/or lower prices. The LA Times is ...

One hundred contestants joined the Physical 100 hoping to win the competitions series. But when picking the contestants, the production team looked past age and gender to create a well-rounded group ...

In the fight against unfair marketing practices, businesses operating in Russia would be well advised to understand the correlation between unfair advertising and unfair competition and to take ...