competitors

2 definitions • 5 examples

a person, team, or company that is competing against others:

Their prices are better than any of their competitors.

How many competitors took part in the race?

a person, product, company, etc. that is trying to compete with others, for example, by trying to make bigger sales in a particular market:

chief/main/major competitor At least one major competitor is gearing up to provide local service at lower prices.

domestic/foreign/overseas competitor In an effort to undercut foreign competitors, the company recently unveiled a low-end model that sells for as little as $360.

Many companies focus much of their energy on taking market share from their competitors.