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A company can receive a commission for competition providing a merger is pending. It is there to protect companies from monopolizing various industries.
The advantages of competition depends on he situation. If its for example a job promotion, competition brings out the possible candidates best work and an employer may promote the better of the two candidates.
Advantages: Competition > profit > innovation. Disadvantages: higher costs for consumers there are losers risk for an entrepreneur
Federal Trade Commission Act
Advantages: competition sells products at the lowest price and the best qaulity good Disadvantages: No government involved means some products could be harmful to people
A company can receive a commission for competition providing a merger is pending. It is there to protect companies from monopolizing various industries.
Dhanedra Kumar ,,
Competition commission of india
what are the advantage of competition based price
regulating competition in the marketplace. -- A+
The advantages of competition depends on he situation. If its for example a job promotion, competition brings out the possible candidates best work and an employer may promote the better of the two candidates.
main function of CCI is to take care of mergers ,industries for a healthy competition among them.
Dhanendra Kumar
advantages include that it secures future orders, declines competition...
The Federal Trade Commission.
they make sure there is a healthy competition between the businesses that are competiting with each other, for example asda may be competing with morrisons ;) hahahaha
the bigger companies can get rid of their competition by combining