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Economic Moat ?- An economic moat is the advantage one business has over others in its field. It is a competitive edge that this one company will have over its competition. It may be the result of its name or some other aspect of their business that gives them the majority of the customers in that market. Depending on the degree to which the company dominates will affect the level of its economic moat. A company with this type of advantage often will try to widen or maintain it in order to be sure they remain a leader in that market. |
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