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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

Competition  

Definition 1.

Intra- or intermarket rivalry between or among businesses trying to obtain a larger piece of the same market share.
 

Definition 2.

The existence within a market for some good or service of a sufficient number of buyers and sellers such that no single market participant has enough influence to determine the going price of the good or service. opposite of monopoly.
 
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