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The most powerful force that dictates general conditions of the market functioning is the level of development of competitive relations on it. Etymologically, the word “competition” comes from the Latin “concurrentia”. It means “collision” or “competition”. However, there are significant differences in the interpretation of the idea of competition. First and foremost according to the level of its development, the society internationalizes the ability of its economic entities to ensure national progress in a competitive mode, involving the full mobilization of skills and abilities of each person. Read More