Global competition exists when

industry driving forces and key success factors are much the same in all country markets the strength of each of the five competitive forces is much the same in all country markets. buyer demand is growing at about the same rates in most all countries. competitive conditions across national markets are linked strongly enough to form a true international or world market and when leading competitors compete head$-$to$-$head in many different countries.

most companies in the industry sell their product at the same price to the same types of customers worldwide.