World market competition: Tendencies and development features at the present stage

Abstract

Competition is an economic process of interaction, interconnection and struggle between the enterprises acting on the market in order to provide better sales opportunities for their products, meet the needs of customers and obtain the greatest profit. Modern competition as an integral attribute of the world market. Industrialization of economic life expands the mass base of competition. Along with giant monopolies, medium, small and even very small firms enter the market struggle. © 2018