Rivalizálhatóság
Rivalizálhatóság refers to the concept of substitutability between different goods or services in economics. It describes the extent to which consumers can readily switch from one product or service to another if the price or availability of the first changes. High rivalizálhatóság means consumers have many alternatives, making the market more competitive. Low rivalizálhatóság suggests that consumers have fewer substitutes, potentially giving producers more market power.
This concept is crucial in antitrust law and competition policy. When assessing whether a company has a
Several factors influence rivalizálhatóság. These include the degree of product differentiation, the cost of switching for