limited competition

简明释义

有限竟争

英英释义

例句

1.Investors are often attracted to industries with limited competition because of the potential for high returns.

投资者通常被竞争有限的行业吸引，因为这些行业有高回报的潜力。

2.In a market with limited competition, prices tend to be higher due to the lack of alternatives.

在一个竞争有限的市场中，由于缺乏替代品，价格往往较高。

3.The government regulates monopolies to prevent limited competition from harming consumers.

政府监管垄断，以防止竞争有限对消费者造成伤害。

4.The company thrived in an environment of limited competition, allowing for greater profit margins.

该公司在竞争有限的环境中蓬勃发展，从而获得了更高的利润率。

5.A startup can benefit from limited competition in niche markets that larger companies overlook.

初创公司可以从大型公司忽视的细分市场中受益于竞争有限。

作文

In today's rapidly changing economic landscape, the concept of limited competition (有限竞争) has become increasingly relevant. This term refers to a market structure where only a few firms dominate the industry, leading to reduced rivalry among competitors. Understanding the implications of limited competition is crucial for both consumers and businesses alike, as it affects pricing, product quality, and innovation.One of the most significant characteristics of limited competition is the potential for higher prices. When only a handful of companies control a market, they can set prices without fear of losing customers to competitors. For example, in industries such as telecommunications and utilities, a few major players often dictate the terms of service and pricing, leaving consumers with limited choices. This lack of competition can lead to inflated prices that do not reflect the true value of the services provided.Moreover, limited competition can stifle innovation. When firms face little pressure to improve their products or services, they may become complacent. In markets with robust competition, companies are compelled to innovate in order to attract and retain customers. However, in a limited competition environment, the incentive to invest in research and development diminishes. As a result, consumers may not benefit from advancements that could enhance their experience or provide better solutions to their needs.On the other hand, some argue that limited competition can lead to economies of scale, which can be beneficial for both firms and consumers. When companies operate in a less competitive environment, they can focus on efficiency and cost-cutting measures. This can result in lower production costs, which may eventually be passed on to consumers in the form of lower prices. However, this argument often overlooks the negative consequences of a lack of competition, such as reduced consumer choice and stagnant innovation.Regulatory bodies play a vital role in addressing the challenges posed by limited competition. Governments often intervene in markets to promote fair competition and prevent monopolistic practices. Antitrust laws are designed to protect consumers by ensuring that no single company can dominate a market to the detriment of others. By fostering a competitive environment, regulatory agencies can help ensure that consumers have access to a variety of choices and that prices remain fair.In conclusion, the concept of limited competition (有限竞争) presents both challenges and opportunities. While it can lead to higher prices and reduced innovation, it may also create efficiencies that benefit consumers. Understanding the dynamics of limited competition is essential for stakeholders in the economy, including consumers, businesses, and policymakers. By promoting healthy competition, we can work towards a more equitable market that serves the interests of all parties involved.