Competition Analysis in Finance (Part 2)
Economist Daniel Urdaneta recently authored a series of papers for Chartered Financial Analyst (CFA) Institute, Chile. In the second part of this series – on how to integrate competition economics concepts into the investment process – Daniel reviews case studies of companies that lost market power and posted heavy losses in the last decade. He also points out the warning signs to determine if a company is at risk of losing its competitive moat.