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Incumbents are often complacent, slow to recognise the threat that their inferior competitors pose.
Uber and its competitors pose a major challenge to Mumbai's tens of thousands of traditional taxi and auto-rickshaw drivers, who have a reputation in many cities for arbitrary pricing, bad attitudes and derelict vehicles.
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The recipe for this nectar has been closely guarded since 1932, despite frequent incursions from competitors posing as would-be counter men or home cooks, Mr. Rosenbaum said.
They said that any changes would force them to curtail passenger service and that competitors would pose safety risks.
Some of the cash from PartyGaming's flotation may go towards buying smaller competitors that pose a threat (though the lion's share is expected to end up in the pockets of its four founders).Can PartyGaming hold on to its lead?
"The question is, How will they react to other products from competitors that pose a threat to Microsoft's operating system?" The appeals court found that several of Microsoft's licensing practices with PC makers stifled competition and limited consumer choice.
Other competitors kindly posed.
The results would likely lead to market power that could permanently lockout competitors, thereby posing anticompetitive risks to the public.
Some analysts have criticized the company for emphasizing cash growth over sales, when competitors like Wal-Mart Stores pose a continuous threat.
Point out what else may be different about your bags - the design, the construction, the materials, etc. (don't give away your trade secrets, however. You never know when a competitor is posing as an interested customer).
Investors would be gambling on not only future growth and user loyalty, but also a risk that Google, Yahoo or even Microsoft could build or acquire a competitor that could pose a serious risk.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com