How Should We Measure Competition?

Brian Albrecht May 13, 2024

Truth on the Market View Original Source

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Competition is the driving force behind the success of markets. It’s hard to imagine a thriving market economy without the presence of competitive forces.

But how do we actually measure competition? I use the term all the time, but do we actually have a measure of it? This question is more complex than it may seem at first glance.

Read the full piece here.