Unlike perfect competition, where numerous small firms compete with identical products, imperfect competition is characterized by fewer firms, differentiated products and barriers to entry.

Reviewed by Erika RasureFact checked by Vikki VelasquezProduct Differentiation vs. Price Discrimination: An OverviewProduct ...

Vertical organization, price discrimination under imperfect competition, product differentiation, markets with search/switching costs, economics of innovation, international trade and organization.

The Federal Trade Commission is suing PepsiCo for allegedly giving an unnamed big box retailer more favorable prices than its competition ... PepsiCo for illegal price discrimination, alleging ...