Competition Concept

The term competition is generally used to designate the competitiveness level among companies or other entities that offer similar products or services and that compete among themselves for the same markets. Sometimes is also used to designate the group of companies that perform in the same markets with the same kind of products or services, mingling, in this case, with the term “competitors”.

 

 

Translated from Portuguese by Susana Saraiva, Portuguese-English and English-Portuguese translation specialist. Contact: spams@sapo.pt.