A world economy should mean competition not giving our jobs away.
That means tough competition for a power plant with 1,000 employees.
However it is not certain that more players means greater competition.
The development means less competition for American wheat on the world market.
But it will also mean increased competition from both inside and outside the community.
That is a bad thing in itself, for it means less competition and more wasted resources.
But it may mean stiff new competition for cable companies.
This helps keep costs down and means close competition on the track.
And every bankruptcy means a little less competition to hold prices down.
The rules and the obligations should be applied to everyone, which means fair competition.