Definition, Meaning & Synonyms

intense competition

noun

/ɪnˈtɛns kəmˈpɛtɪʃən/

Definition

A high level of rivalry among businesses or individuals in a particular market or industry.

Examples

The intense competition in the smartphone market drives innovation.
During the intense competition for new clients, companies often lower their prices.
Intense competition can lead to high-stakes marketing campaigns.

Meaning

Intense competition refers to a scenario where multiple entities are striving to outperform one another, often leading to significant efforts to attract customers, enhance product quality, or reduce prices.