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Competition within reasonable limits is progress towards excellence, reduction of prices for products, etc. If competition is an overabundance - this is bad.

You are right, because due to competition, large companies absorb small ones. For business, competition is bad, but for the user it is good.

So it was always to compete well, you need a strong idea

Now very high competition in the market, it was and always will be)

With the right attitude, competition is an excellent stimulant, a business textbook and a stable source of inspiration.

Need to build brand not on the policy of competitors, but on customer feedback. The main task is not to destroy the enemy company, but to satisfy the needs of its customers.

YES, need to invest in your brand the whole charge of vivacity, obtained from the success of competitors. Over time, the brand will be the main advantage.