In some industries, competition is increasing between large alliances rather than between firms.

Question

Quizplus · Accepted Answer

This statement is true. In industries such as the airline industry, there are large alliances or partnerships (such as Star Alliance, OneWorld, and SkyTeam) that compete with each other rather than individual airlines. This is also seen in industries such as telecommunications, where large multinational companies form alliances to compete with each other rather than as individual firms.

In Some Industries, Competition Is Increasing Between Large Alliances Rather