increased competition
Frequency: 8.326.7 per million words
a higher level of rivalry between individuals or groups
Categories:
Examples (10)
- The new market entry led to increased competition among local businesses.
- Consumers often benefit from increased competition as prices tend to fall.
- Due to increased competition, many companies are forced to innovate.
- The automotive industry has seen increased competition over the past decade.
- With increased competition, marketing strategies become even more crucial.
- Increased competition in the job market makes it harder to find employment.
- The government aims to foster increased competition in the telecommunications sector.
- Facing increased competition, the firm decided to merge with a rival.
- Experts predict increased competition in the global technology market next year.
- To survive the increased competition, businesses must adapt quickly to changes.