Competition is a rivalry where two or more parties strive for a common goal which cannot be shared: where one's gain is the other's loss (an example of which is a zero-sum game). [1] Competition can …

3 days ago · The meaning of COMPETITION is the act or process of competing : rivalry. How to use competition in a sentence.

COMPETITION definition: 1. a situation in which someone is trying to win something or be more successful than someone else…. Learn more.

In economics, competition is a scenario where different economic firms [Note 1] are in contention to obtain goods that are limited by varying the elements of the marketing mix: price, product, promotion …

Apr 2, 2026 · The simple definition of COMPETITION is the act or process of trying to get or win something (such as a prize or a higher level of success) that someone else is also trying to get or win …

If you are trying to win or attempting to prove you're the best, you're in a competition. The word also describes your opponent in sports, business, and politics.

If you are trying to win or attempting to prove you're the best, you're in a competition. The word also describes your opponent in sports, business, and politics.

1. the act of competing; rivalry for supremacy, a prize, etc.: competition between two teams. 2. a contest for some prize, honor, or advantage: to enter a competition. 3. the rivalry offered by a competitor: …

Competition is a rivalry where two or more parties strive for a common goal which cannot be shared: where one's gain is the other's loss (an example of which is a zero-sum game). Competition can …

Jul 28, 2024 · Across the economy, similar things tend to have similar prices. Have these been driven to their lowest natural level by competition? Or are firms abusing market power to charge whatever they …