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Is competition good for business? Is it good for consumers?

Is competition good for business? Is it good for consumers?
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Is competition good for business?
Is it good for consumers?

asked
User Simon Soriano
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8.1k points

2 Answers

3 votes

Answer:

yes and yes

Step-by-step explanation:

answered
User KevSheedy
by
8.9k points
2 votes
It helps promote better safety, innovation and technology—and lower prices. it benefits consumers by keeping prices low and the quality and choice of goods and services high.
answered
User Fsl
by
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