So new and a competitive fringe of firms is going to enter and drive prices down.

大批新公司的进入引入了竞争机制,压低了市场价格

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In the second case, if both firms undercut each other, you end up with low prices, that's actually good for consumers but bad for firms.

在第二个案例中,如果两家企业互相削弱,最终会压低价格,这对消费者有利,但对企业不利

耶鲁公开课 - 博弈论课程节选