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# Competition Among Dealers

## Definition

The rivalry between different sellers that obliges them to accept the market price but does not oblige them to accept less, helping to regulate prices toward natural levels.

## Source Chapter

Book I, Chapter 7

## Context

Identified as the force that "obliges them all to accept of this price, but does not oblige them to accept of less" when market price equals natural price.

## Economic Domain

Exchange

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