Firms, particularly those who have high margins of profit , are regularly scrutinized by regulatory authorities that suspect them of anticompetitive practices like creation of cartel. In this piece, I introduce a behavioral approach of competing that implies businesses with even the greatest of gross profits are actually competing aggressively against each other, instead of as the regulatory authorities might suggest colluding.
Businesses utilizing the behavioral strategy can signal to antitrust authorities that their intention is not to restrain competition. Four mechanisms reveal this competitive inclination: (1) competitive intensity, (2) competitive complexity, (3) attack imitation, and (4) competitive activity speed.
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
PUBLICATION DATE: July 15, 2015 PRODUCT #: BH686-PDF-ENG