To be sure, Taco Bell has assumed a leadership position in its industry by virtue of its superior position and by leveraging that position extraordinarily well.

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I'll rephrase the question: Which side ended those wars in a superior position?

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This is a conflict of interest that provides a huge incentive for Goldman to take advantage of its superior position of knowledge by sharing as little information as possible with either counterparties or clients in order to gain a trading advantage that, it turn, promotes inefficient and volatile or disorderly markets.

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