Perfect competition is a theoretical model with many buyers and sellers offering identical products. In this model, firms cannot influence prices and make zero long-term profit due to free entry and ...

Vinod Jain is an expert in global and digital business, former business professor, consultant, speaker, and author of Global Meets Digital. Michael Porter's Five Forces model is a widely accepted ...

Monopolistic competition features many businesses offering similar, differentiated products. This market structure benefits both consumers with varied choices and businesses via low entry barriers.

In late February, the Securities and Exchange Commission (SEC) published Regulation NMS, a long-awaited proposal for reform of the US securities market. There is little doubt that reform is overdue.

Achieving and sustaining a competitive advantage is essential for success and long-term viability. A competitive advantage is what sets an organization apart from its competitors, allowing it to ...

Retail competition enables end-users—residential, commercial, and industrial customers—to choose their electricity supplier and related services. This usually fosters competitive pricing, diverse ...

In December last year the Securities and Exchange Commission made four proposals to change US market structure. The proposals that were put for comment included updating Rule 605 which covers data ...

Wholesale competition introduces market-driven mechanisms for electricity generation, determining generator dispatch and wholesale pricing through either organized markets or bilateral contracts with ...