πππCompetition versus Monopoly - Which is better for consumers? I believe that overall a competitive market structure tends to serve consumers better. The main reasons are lower prices, encouraging innovation and providing diverse product choices.
Competition between Meituan and JD.com is good for consumers as it means lower prices or food discounts . If Meituan does not have any competition, there is no incentive for them to innovate and try harder .
The same thing goes for Grab and Food Panda .
Market thrives on competition like everything else in life . It brings out the best in everything we do .
@Tiger_SG @Tiger_comments @TigerStars @CaptainTiger @TigerClub
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments