Store #10681
M-F 8 AM - 10 PM
Sat 8 AM - 10 PM
Sun 8 AM - 10 PM
Pharmacy Hours
M-F 8 AM - 9 PM
Sat 9 AM - 6 PM
Sun 10AM - 6 PM
This page is in no way affiliated with Crosspoint Associates or CVS Health. We are life long residents of Hopkinton that support CVS @ 61 Main St.
In economics, competition is the rivalry among sellers trying to achieve such goals as increasing profits, market share, and sales volume by varying the elements of the marketing mix: price, product, distribution, and promotion. Merriam-Webster defines competition in business as "the effort of two or more parties acting independently to secure the business of a third party by offering the most favorable terms."
It is generally accepted that competition results in lower prices and a greater number of goods delivered to more people. Less competition is perceived to result in higher prices with a fewer number of—and less innovation in—goods delivered to fewer people.
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