Explain the difference between competition in the market, and competition for the market.

Competition in the market refers to the standard perspective of the game and focus on bearers of measures and new similar businesses that are in established markets. Competition for the market relates to the struggle of creating a new market that requires innovation, which introduces new technologies to the market.

What impact does each kind of competition have on prices and output in a market?

Competition in the market causes a decrease in prices, increasing the output in a market. This explains why competing with new businesses in the market will require a standardization of prices, in case of competitive advantage from the new companies. This will lead to more output because the similar businesses are many.

Competition for the market increases prices, decreasing the output in the market. This is because with new technology involved, costs will be increased due to the technologies' competitive advantage, and the output becomes lower for some of the similar businesses.

Is one better than the other?

Competition in the market is better than the competition for a market.

How does the distinction make the application of antitrust laws more complicated?

Dealing with a similar business as a competitor is more comfortable to adjust to than incurring expenses to introduce new technology to fit in the competition. The practice of fair game is what the antitrust laws advocate. However, competing in a market and for a market creates an aspect of unfair competition.

Why doesn't everyone just switch to one language?

Switching to one of the options of competition for all businesses is hard because the difference in marketing strategies is one of the significant factors contributing to a competitive advantage in the market.