Answer:
Lower its prices
Explanation:
Akamai Technologies, an American content delivery network, cyber security, and cloud service provider can respond to competition by reducing their price offerings. In a market where there is competition, there are more chances of the players engaging in price wars.
The business also needs to ensure they lower their overall costs so that there would not be huge impacts on them when they lower their own prices. When the cost per unit is lowered in this case, the profit would likely remain the same.