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"Dominant firms can more easily manipulate these markets," he wrote.
Dominant firms might use loyalty rebates to stop others from becoming large enough to pose a serious threat.
Dominant firms in such a market situation will attempt to encourage habitual buying and will try to keep other brands from being considered by the consumer.
Monopolists and dominant firms, like Microsoft, can actually suppress innovation.
Our economy is increasingly ruled by a few dominant firms.
In digital markets, dominant firms are almost inevitable.
Out of that rivalry there will probably emerge half a dozen dominant firms.
Former faculty member lauded for framework for regulating dominant firms in imperfect markets.
It's entirely possible in a world where dominant firms are commonplace.
So in markets you're going to have dominant firms or firms with high market shares.
Moreover, the industry's dominant firms are not just sitting back watching their rivals struggle.
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CEO of Professional Science Editing for Scientists @ prosciediting.com