Someone posted from a discussion question..... (Respond to it)

While perfect competition is a theoretical market state and harder to spot these days due to marketing pushing towards the unique characteristics of basically the same items in order to gain a slight advantage on their competitors, an example of this near perfect market I can think of is bottled water. Competitors interact with each other mostly through marketing campaigns and designing more or less extravagant bottle designs, going mostly for either ergonomic or higher class bottled water, but at the end of the day they are all saying the same product, maybe with a slightly different taste due to elements added. But the price of bottled water is more or less the same wherever you go across the country(excluding taxation) which averages out at about $1.50. Personally I believe this is a great product to sell, costs are extremely low for producing and the profit margins are insanely high for the competitors, regardless of brand or make.