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  2. Non-price competition - Wikipedia

    en.wikipedia.org/wiki/Non-price_competition

    Business research confirms that firms rely highly on non-price strategies in competition. For example, in strategic management, areas of focus revolve around continuous innovation, synergism and long-term relationships that build sustainable businesses. [14] Similarly, in marketing, price is not only the only factor that affects the firm.

  3. Oligopoly - Wikipedia

    en.wikipedia.org/wiki/Oligopoly

    In an oligopolistic market of a primary industry, such as agriculture or mining, commodities produced by oligopolistic enterprises will have strong homogeneity; as such, such markets are described as perfect oligopolies. [11] Imperfect (or 'differentiated') oligopolies, on the other hand, involve firms producing commodities which are heterogenous.

  4. Barriers to entry - Wikipedia

    en.wikipedia.org/wiki/Barriers_to_entry

    Because barriers to entry protect incumbent firms and restrict competition in a market, they can contribute to distortionary prices and are therefore most important when discussing antitrust policy. Barriers to entry often cause or aid the existence of monopolies and oligopolies, or give companies market power. Barriers of entry also have an ...

  5. What Travel Industry Oligopolies Mean for Investors

    www.aol.com/news/2013-10-06-what-travel-industry...

    A growing economy helps the travel industry and these companies With the American markets reaching new highs, investors and pundits alike are skeptical about future growth. They shouldn't be.

  6. Competition (economics) - Wikipedia

    en.wikipedia.org/wiki/Competition_(economics)

    Companies in an oligopoly benefit from price-fixing, setting prices collectively, or under the direction of one firm in the bunch, rather than relying on free-market forces to do so. [13] Oligopolies can form cartels in order to restrict entry of new firms into the market and ensure they hold market share. Governments usually heavily regulate ...

  7. 20 Companies Where the Ratio of CEO to Average Worker Pay Is ...

    www.aol.com/20-companies-where-ratio-ceo...

    Despite getting slapped with a pay cut of 35%, CEO Albert Bourla's salary of $21.6 million was still 291 times higher than the average worker's salary of $74,000. Ceri Breeze/istockphoto 18.

  8. Market concentration - Wikipedia

    en.wikipedia.org/wiki/Market_concentration

    In economics, market concentration is a function of the number of firms and their respective shares of the total production (alternatively, total capacity or total reserves) in a market. [1] Market concentration is the portion of a given market's market share that is held by a small number of businesses.

  9. What a $2 million per dose gene therapy reveals about drug ...

    www.aol.com/news/2-million-per-dose-gene...

    Novartis finally revealed the treatment’s U.S. launch price, $2.125 million, framing this as a 50% discount on Spinraza and what the company’s research showed the gene therapy was worth.