What should we call this new subject?
What are the goals of this subject?People who study "Economics of competition" investigate the condition where economic firms seek to obtain a share of a limited good by varying the elements of the marketing mix: price, product, promotion, and place. Michael E. Porter, John Robert Meyer, Joan Robinson are some authorities of "Economics of competition". Several topics in "Economics of competition" include role in market success, historical practice, anti-competitive practices. better understand the competitive drivers of the free market system is some of the cause to investigate "Economics of competition".
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