Definition, Meaning & Synonyms
cut-throat competition
Noun
ˈkʌtˌθroʊt kəmˈpɛtɪʃən
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Definition
A fierce and intense competition between businesses or individuals where they are willing to go to great lengths, including unethical practices, to gain an advantage over their rivals.
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Examples
- In the tech industry, cut-throat competition drives companies to innovate constantly.
- The bakery faced cut-throat competition from a new café that opened nearby.
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Meaning
This term describes a scenario in a business environment where the pursuit of success leads competitors to engage in aggressive actions to outdo one another, often at the expense of quality or ethics.
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Synonyms
- Intense competition
- Fierce rivalry
- Brutal competition