Abstract
The study of this work covers the analysis of the impact of competition on the economy, identifying its positive and negative aspects. The identified positive effects include stimulating innovation, lowering prices and improving the quality of goods and services. At the same time, negative aspects include pressure on prices and profits, limited access to resources, as well as the risk of displacement from the market for small and medium-sized enterprises. The results of the analysis emphasize the importance of balancing competition in order to ensure sustainable and equitable economic development.
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