At the same time foreign competition has greatly reduced domestic market share.
Rising interest rates and more intense competition have reduced lending margins.
And I am also skeptical of the argument that, in this particular industry, competition reduces costs.
Ethanol supporters argue that the increased competition will eventually reduce gas prices.
Now, they say more competition will increase costs and reduce quality.
For example, it is not true that competition has reduced prices and created jobs in Great Britain.
It also hopes that competition from private providers will reduce unit costs among traditional universities.
Actually, as the market destabilized, drug sales continued and competition reduced the price of crack.
When the trade or practice becomes thoroughly established and well known, the competition reduces them to the level of other trades.
But the recession and competition with other charities has reduced contributions.