Answer:
Explanation:
History has shown that Competition is great for the consumers as it forces companies to alter their strategies in a way that benefit the consumer. In today's world new Digital Content providers have to bring something new, innovative, or cheap in order to compete with Netflix. Therefore, when this happens, Netflix must respond by either providing customers with an incentive to stay (such as adding offers or special content only found on Netflix) or lowering prices to become the better deal.
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