Examlex
Gause said that if two species attempt to occupy the same niche,with limited resources,one of them will become
Predatory Pricing
A pricing strategy where a product or service is set at a very low price with the intent to drive competitors out of the market or to prevent new entrants from establishing themselves.
Geographic Segment
A market division strategy where a business segment is defined based on geographical boundaries.
Competitors
Entities engaged in a commercial contest with one another, often vying for the same market or customer base.
Sherman Act
An antitrust law enacted in 1890 to prevent anti-competitive practices, monopolies, and to promote economic fairness.
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