And the competition for the best return creates a pressure to make those new investments.
On the other hand, the healthy competition between talented artists may create a kind of stimulation.
But even if only one standard prevails, competition among providers may create headaches for consumers.
Intense competition in Britain created low margins for insurers there.
At least one company's distress suggests that the increased competition may be creating a Darwinian situation.
Increased international competition creates a pressure to reduce the wages and conditions of workers.
For example, it is not true that competition has reduced prices and created jobs in Great Britain.
On the contrary, competition has created many new job opportunities.
On the other hand, increased competition should generate economic activity and create jobs.
All of this makes for better used cars, and competition has also created much better warranties.