“…Since then, there have been a handful of large-scale empirical studies trying to ascertain whether other industries, including in other parts of the world, are becoming hypercompetitive, as some have suggested (see e.g. Lindskov, 2021;McNamara, Vaaler, & Devers, 2003;Vaaler & McNamara, 2010). The evidence is mixed, suggesting that hypercompetition is not a universal phenomenon, but one that is limited in industry, geographical space, and time (Lindskov, Sund, & Dreyer, 2021).…”