Countercompetition

/ˌkaʊntərkɑmpəˈtɪʃən/ noun

Definition

Competition that is opposed, balanced, or reciprocal; competing forces or companies working against each other.

Etymology

From counter- (against) + competition. Competition comes from Latin competere, meaning 'to compete,' from cum (together) + petere (to seek).

Kelly Says

Economists study countercompetition to understand how markets self-regulate—when two strong competitors battle, they often drive innovation and lower prices faster than monopolies ever could.

Related Words

Explore More Words

Get the Word Orb API

Complete word intelligence in one call. Free tier — 50 lookups/day.