But it does not easily apply to the modern economy, even in industries with limited competition.
This was because of limited competition in manufacturing capability and its consequent cost.
Where the two chough species occur together, there is only limited competition for food.
Deng opened China to foreign investment, the global market and limited private competition.
At first, films were silent and presented only limited competition.
The business was exceptionally profitable due to the high densities achieved and the limited competition.
There may be a reason for limited competition.
The limited competition has kept ticket prices among the highest in Asia.
Therefore, in 1846, the Commissioner decided to open it to limited competition.
But he said, "two players is still extremely limited competition."