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Concept information

Preferred term

local competitors  

Definition

  • The standard economic textbook treatment of competition gives the impression that production and consumption take place on the head of a pin, as if space did not matter. In reality, of course, space does matter, in ways that constrain the boundaries of competitive domains and the intensity of competition in those domains. [Source: Encyclopedia of Business in Today's World; Local Competitors]

Broader concept

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-LC45KJNL-W

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