What is competition, and why is it so important for prices?
- Written by The Conversation

This article is part of The Conversation’s “Business Basics” series where we ask experts to discuss key concepts in business, economics and finance.
It’s hard to remember a time before the cost-of-living crisis dominated news headlines. Most of us would certainly like it to be over.
But the...
Read more: What is competition, and why is it so important for prices?