direct competitor
Definition
A term that describes a company that produces a virtually identical good or service that is offered for sale within the same market as those produced by one or more other companies. In addition to watching their relative pricing for similar products, a business operator will keep track of any significant technological innovations at any direct competitor that might put them at a competitive disadvantage.
Related Articles
- ETFs Ease Tax Headaches *
- S&P 500, Wilshire 5000 and Other Indexes *
- Technical Analysis *
- Getting Started with Investments and Financial Planning *
- "Buy Strangle" Option Investment Strategy *
- The Economy: From Boom to Recession *
- Tax Advantaged Investment Options for Retirement *
- Initial Public Offerings *
Business Tips
How big is the threat of new entrants?
If you're smart enough to spy a profitable business opportunity, you can bet competition isn't far behind. Some barriers to entry--patented technology, a storied brand--are more fortified than others, ... Read more
Related Videos
http://www.businessdictionary.com/definition/direct-competitor.html
