[Jan] What is non-price competition?

Question 1

What is it?

Answer 1

competition between companies that focuses on benefits, extra services, good workmanship, product quality – plus all other features and measures that do not involve altering prices.

Question 2

Adopted why?

Answer 2

adopted by the competing players in a sector in order to prevent a price war, which can lead to a damaging spiral of price cuts.

Question 3

Context?

Answer 3

Data privacy can take the form of non-price competition and abuse of dominance can lower privacy protection, a study by the Competition Commission of India (CCI) has said.