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Competitive Moat
The unique competitive advantage that protects a company from rivals, often evaluated to understand how difficult it is for competitors to encroach on a company�s market share.
Implications
A term used to describe a company�s ability to maintain a competitive advantage over its rivals, often through factors like brand strength, patents, network effects, or cost advantages.
Example
Example: Google�s vast data infrastructure and network effects create a strong competitive moat, making it difficult for new search engines to compete.
Related Terms
Different from a temporary competitive advantage, a moat suggests a more sustainable and long-term barrier to competition.
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