"Destroying" a close competitor can actually damage a company's market share in the long run.

Question

Quizplus · Accepted Answer

Destroying a close competitor can lead to fewer options in the market, which can eventually result in customers losing trust in the company that eliminated the competition. This may ultimately result in a decrease in the company's market share in the long run. Additionally, it can also be perceived as anti-competitive behavior and lead to legal action or negative publicity.

"Destroying" a Close Competitor Can Actually Damage a Company's Market