JargonDatabase

Destructive Competition

Somewhat farcical notion that competition can be harmful to one or both of the players involved (which is the point of competing on price). While this is implicit in the notion of competition, it ignores the positive effect on the consumer, as well as the positive effects *ANY* competition has on knowledge and efficiency.

This bit of jargon has been viewed 9,363 times.

Blog Link Copy to Clipboard
What is this?

Return To Economics Jargon





Home | Add Jargon | F.A.Q | About | Contact
© 2020 JargonDatabase.com


Jargon Database is sponsored by Profit Awareness - discover your best clients, and get rid of your bad ones (Check out out business practices blog here)

Jargon Database was built by the best web development agency in Atlanta Georgia - Digital Tool Factory