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Competition refers to the process of two or more entities, individuals or businesses, vying for the same resources, market share, or goal. It can be a healthy and necessary aspect of business and life as it can drive innovation, improve products and services, and bring better value to customers. However, competition can also be cut-throat and ruthless, leading to unethical behavior and negative outcomes. In the end, the outcome of competition depends on the strategies, strengths, and weaknesses of the competing parties.
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