Assertion: oligopoly's rival | /r/CapableOf | reduce their prices
Facets:
value: in retaliation
type: PURPOSE
value: simply
type: MANNER
value: in response
type: TEMPORAL
Source sentences:
text: A price reduction may achieve strategic benefits, such as gaining market share, or deterring entry, but the danger is that rivals will simply reduce their prices in response.
text: In the case of petrol retailing, a seller like Texaco may wish increase its market share by reducing price, but it must take into account the possibility that close rivals, such as Shell and BP, who may also reduce their price in retaliation.
text: If a firm reduces its price its rivals may reduce their prices or they may not.
text: On the other hand, if price falls, the rivals would also reduce their prices, thus, the sales of the oligopolistic organization would be less.
text: On the other hand, if a seller reduces the price of his product, then the rivals also reduce their price to bring it at par with the price reduction of the firm.