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 …

2 days ago · Economists extol the importance of competition in markets for driving prices down and quality up. But what is “competition” and how does it actually work? To non-economists, the word …

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

COMPETITION definition: the act of competing; rivalry for supremacy, a prize, etc.. See examples of competition used 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.

Dec 22, 2023 · Competition is a dynamic concept reflecting the rivalry between individuals or entities striving to achieve a common goal, limited resources, or recognition. It drives innovation, …

Definition of competition noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.