See more. adj. Competition law is a law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Businesses see competition in the form of price, quality, design, sales, location, and almost every business process. Stifle competition definition: Competition is a situation in which two or more people or groups are trying to get... | Meaning, pronunciation, translations and examples ... deadly, great, magic, mean, nifty, wizard, experienced, habile, sufficient, clever, complete, crackerjack, crisp, dynamite, endowed, on the ball, up to it, up to speed, all around, au fait, no slouch … more. Market definition is a tool to identify and define the boundaries of competition between undertakings. The unified concept of competition is developed showing of how its meaning depends on the objective(s) of the agents in competitive process. Rivalry between two or... Competition - definition of competition by The Free Dictionary. n. 1. Competition is an interaction between organisms or species in which both the organisms or species are harmed. In a free market, business should be a competitive game with consumers as the beneficiaries. Competition: The rivalry between companies selling similar products and services. Compete definition is - to strive consciously or unconsciously for an objective (such as position, profit, or a prize) : be in a state of rivalry. Depending on the purposes and circumstances of the events, sports competitions may involve individual competition, team competition, or a combination of the two. competition definition in English dictionary, competition meaning, synonyms, see also 'imperfect competition',monopolistic competition',perfect competition',competitor'. Enrich your vocabulary with the English Definition dictionary Competition law is implemented through public and private enforcement. We do not just use the term ‘competitor’ in business. 1 people chose this as the best definition of competition: The struggle among indivi... See the dictionary meaning, pronunciation, and sentence examples. Competitor Analysis - Meaning, Objectives and Significance. Definition of competition noun in Oxford Advanced Learner's Dictionary. A competitor is a person, business, team, or organization that competes against you or your company. Competitor definition: A company's competitors are companies who are trying to sell similar goods or services to... | Meaning, pronunciation, translations and examples The Competition Model is a psycholinguistic theory of language acquisition and sentence processing, developed by Elizabeth Bates and Brian MacWhinney (1982). Many people complain about it, many learn from it, and many run away from it. Enrich your vocabulary with the English Definition dictionary Analyzing organization’s competitors helps an organization to discover its weaknesses, to identify opportunities for and threats to the organization from the industrial environment. They do not exist in vacuum. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. “Being competitive and always wanting to win appears to be an innate quality of his. competition policy (European Union) covers three main areas of application: CARTELS: Articles 85(1) and (2) of the Treaty of Rome prohibit cartel agreements and CONCERTED PRACTICES (i.e. competitive synonyms, competitive pronunciation, competitive translation, English dictionary definition of competitive. Competitive definition, of, pertaining to, involving, or decided by competition: competitive sports; a competitive examination. Species Extinction. competitor - the contestant you hope to defeat; "he had respect for his rivals"; "he wanted to know what the competition was doing" challenger , contender , rival , competition contestant - a person who participates in competitions Enrich your vocabulary with the English Definition dictionary A test of skill or ability; a contest: a skating competition. Price competition is a form of competition by which a product or service can compete with other products or services in the market only on the aspect of pricing.The competition or rivalry between the products is related exclusively to the pricing of the products.. Competitors also exist in sports, politics, acting, music, literature, etc. Define competition. to enter a competition definition in English dictionary, to enter a competition meaning, synonyms, see also 'enter into',enter the lists',enter-',enteral'. Competitive definition: Competitive is used to describe situations or activities in which people or firms compete... | Meaning, pronunciation, translations and examples Definition of competition written for English Language Learners from the Merriam-Webster Learner's Dictionary with audio pronunciations, usage examples, and count/noncount noun labels. Competitor definition is - one that competes: such as. Learn more. Competition is a situation in which two or more people or groups are trying to get something which not everyone can have. competition synonyms, competition pronunciation, competition translation, English dictionary definition of competition. Competitive definition is - relating to, characterized by, or based on competition. If somebody is trying to beat you in a race, that person is your competitor. 3. Define competitive. Liking competition or inclined to compete: a highly competitive teammate. 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