Competition

Competition in United States

Competition Definition

In Scotch practice. The contest among creditors claiming on their respective diligences, or creditors claiming on their securities. Bell, Diet. The act of seeking or endeavoring to gain at the same time; common strife for the same object. 121 111. 317. Not every conflict of temporal interest can be regarded as competition. Scott and Farmer, JJ., dissenting opinion. Barnes v. Typographical Union, 232 111. 439.

Competition in Foreign Legal Encyclopedias

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Competition Competition in the World Legal Encyclopedia.
Competition Competition in the European Legal Encyclopedia.
Competition Competition in the Asian Legal Encyclopedia.
Competition Competition in the UK Legal Encyclopedia.
Competition Competition in the Australian Legal Encyclopedia.

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Browse the American Encyclopedia of Law for Competition

Scan Competition in the appropriate area of law:

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Competition Competition in the Family Law Portal of the American Encyclopedia of Law.
Competition Competition in the IP Portal of the American Encyclopedia of Law.
Competition Competition in the Commercial Law Portal of the American Encyclopedia of Law.
Competition Competition in the Criminal Law Portal of the American Encyclopedia of Law.
Competition Competition in the Antritrust Portal of the American Encyclopedia of Law.
Competition Competition in the Bankruptcy Law Portal of the American Encyclopedia of Law.
Competition Competition in the Constitutional Law Portal of the American Encyclopedia of Law.
Competition Competition in the Tax Law Portal of the American Encyclopedia of Law.
Competition Competition in the and Finance and Banking Portal of the American Encyclopedia of Law.
Competition Competition in the Employment and Labor Portal of the American Encyclopedia of Law.
Competition Competition in the Personal Injury and Tort Portal of the American Encyclopedia of Law.
Competition Competition in the Environmental Law Portal of the American Encyclopedia of Law.

Explore other Reference Works

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Competition in the Dictionaries Competition in our legal dictionaries
http://lawi.us/competition The URI of Competition (more about URIs)
Competition related entries Find related entries of Competition

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Legal Issue for Attorneys

In Scotch practice. The contest among creditors claiming on their respective diligences, or creditors claiming on their securities. Bell, Diet. The act of seeking or endeavoring to gain at the same time; common strife for the same object. 121 111. 317. Not every conflict of temporal interest can be regarded as competition. Scott and Farmer, JJ., dissenting opinion. Barnes v. Typographical Union, 232 111. 439.

Notice

This definition of Competition is based on The Cyclopedic Law Dictionary. This entry needs to be proofread.

Concept of Competition

In the U.S., in the context of Political Economy and Public Policy, Competition has the following meaning: Two or more economic actors vying against each other in the marketplace for access to a scarce resource such as customers. According to standard economic theory, competition among companies and other economic actors keeps prices down and quality up. (Source of this definition of Competition : University of Texas)

Competition

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See Also

  • Political Economy
  • Public Policy

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