's perspective, a guarantee provision in an asymmetric setting may not be always desirable. Rather, it can reduce the competition …

) encounter the same local competitive dynamics if they face contrasting local market competition. Stated differently, this … requires investigating if the key distributional properties of mean ratings in a market change with competition. To this end … empirical estimates demonstrate that an increase in overall competition – measured as total number of businesses in a market …

Competition between companies favours innovation, reduces production costs, leads to a growth of economic efficiency … and, consequently, increases the competition level of the economy. Stimulated by the competitive environment, companies … competition. Along with the permanent and rapid changes at the general technological level, a company's blind spot has shifted …