E-commerce has decreased price competition in nearly all markets.

Question

Quizplus · Accepted Answer

While e-commerce has increased price transparency and made it easier to compare prices, it has also increased competition from a larger pool of sellers, often leading to price reductions. However, some traditional brick-and-mortar stores have been able to maintain pricing power and differentiate themselves based on factors such as customer service, product quality, and convenience. Therefore, it is not accurate to say that e-commerce has decreased price competition in nearly all markets.

E-Commerce Has Decreased Price Competition in Nearly All Markets