Cannibalization

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Updated: Aug 20, 2021

When one part of a company grows by taking sales from another part of the same company. An example would be a supermarket chain that opens a new store which takes some sales from an existing store in the same chain.

Reference: Oxford Press Dictonary of Economics, 5th edt.



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James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.