While market dominance offers several advantages, it also comes with its own set of challenges:
- Regulatory Scrutiny: Dominant companies are often under the watchful eye of regulators to prevent monopolistic practices. - [Innovation](href) Pressure: Maintaining a dominant position requires continuous innovation and adaptation. - Customer Expectations: Market leaders are expected to deliver consistent quality and value, which can be demanding. - Competitive Threats: Competitors are always looking for ways to challenge the market leader, which requires constant vigilance and strategic planning.