Competition in sentence

2938 examples of Competition in a sentence

RS: So in my official capacity as the chief judge of the Ansari X PRIZE competition, I declare that Mojave Aerospace Ventures has indeed earned the Ansari X PRIZE.

So from our very first day, in 1957, the European Union had rules to defend fair competition.

And that means competition on the merits, that you compete on the quality of your products, the prices you can offer, the services, the innovation that you produce.

That's competition on the merits.

Why do we need rules on competition at all?

Isn't that also the best for us if they compete freely, since more competition drives more quality, lower prices, more innovation?

But the problem is that sometimes, for businesses, competition can be inconvenient, because competition means that the race is never over, the game is never won.

So the temptation to avoid competition is powerful.

And competition rules can do a similar thing in the market, making sure that greed and fear doesn't overcome fairness.

Because those rules mean that companies cannot misuse their power to undermine competition.

But without competition rules, there would be no investigation, and there would be nothing to stop this collusion from happening and the prices of your car to go up.

Yet it's not only companies who can undermine fair competition.

So there are times when we need to step in to make sure that competition works the way it should.

By doing that, we help the market to work fairly, because competition gives consumers the power to demand a fair deal.

In a recent survey, more than two-thirds of Europeans said that they had felt the effects of lack of competition: that the price for electricity was too high, that the price for the medicines they needed was too high, that they had no real choice if they wanted to travel by bus or by plane, or they got poor service from their internet provider.

And this is where competition rules come in, because when we make sure that markets work fairly, then businesses compete on the merits, and that helps to build the trust that we need as citizens to feel comfortable and in control, and the trust that allows our society to work.

What if they knew that those companies respond to competition by trying to do better, by trying to serve consumers better, not by using their power to shut out competitors, say, by pushing their services far, far down the list of search results and promoting themselves?

What if they knew that compliance with the rules was built into the algorithms by design, that the algorithm had to go to competition rules school before they were ever allowed to work, that those algorithms were designed in a way that meant that they couldn't collude, that they couldn't form their own little cartel in the black box they're working in?

Together with regulation, competition rules can do that.

Since the very first days of the European Union, 60 years ago, our competition rules have helped to build that trust.

But in today's world, as well as in their world, competition makes the market work for everyone.

And that is why I am convinced that real and fair competition has a vital role to play in building the trust we need to get the best of our societies, and that starts with enforcing our rules, actually just to make the market work for everyone.

The first one is about data, because I have the impression that technology and data are changing the way competition takes place and the way competition regulation is designed and enforced.

So we try to make sure that we never, ever underestimate the fact that data works as a currency in the market and as an asset that can be a real barrier for competition.

KB: He sees you as competition?

"We have no competition.

But everybody has competition.

There's never been a company with no competition, even if the competition is the old way of doing something.

I want to know exactly what your competition is, and that will help me judge how you fit into the whole operation.

This is an image that won us a competition for an exhibition pavilion for the Swiss Expo 2002 on Lake Neuchatel, near Geneva.

Related words