Corporate Cannibalism
外汇网2021-06-19 14:30:52
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An act of self-infringement upon market share by corporations through the issuance of new products. Also known as "market cannibalization". ing="0" cellpadding="0" width="192">
Watch: Corporate Cannibalism
Corporate cannibalism occurs when companies introduce new products into a market where these products are already established. In effect, the new products are competing against their own incumbent products.
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