1. Economic competition among businesses without government restrictions, monopolies, or artificial barriers to entry
Free competition encourages innovation and drives prices down for consumers.
A concorrência livre estimula a inovação e reduz os preços para os consumidores.
2. A market condition where multiple suppliers can freely enter and compete for customers based on price, quality, and service
In free competition, the best products and services tend to succeed.
Em concorrência livre, os melhores produtos e serviços tendem a ter sucesso.