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What is spatial competition?

Updated: 5/3/2024
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14y ago

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Spatial competition refers to the competition between businesses or firms that are located near each other in physical space. This type of competition can occur in various industries where proximity to customers or resources plays a significant role in a company's success. Businesses engage in spatial competition by offering unique products, services, or experiences in order to attract customers from their competitors who are located nearby.

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