SUMMARY
This is AI generated summarization, which may have errors. For context, always refer to the full article.
MANILA, Philippines – Competition in business drives companies to do better than their rivals by offering the best products at the best prices.
It’s good for business because all players, big or small, are given a fair chance to vie for customers. Competition promotes innovation and enhances the marketplace.
Ultimately, with competition, the consumer wins. – Rappler.com
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