Business

Australian watchdog blocks Qantas-Japan Airlines deal

Australia's competition regulator on Monday definitively blocked a pricing, code-sharing and scheduling deal between Qantas and Japan Airlines, saying the arrangement would hurt consumers.

Business

UK watchdog: Facebook's ownership of Giphy hurts competition

Facebook's ownership of Giphy will hurt competition for animated images, U.K. regulators said Thursday, meaning the social network could ultimately be forced to unwind the deal if the provisional findings are confirmed.

Robotics

Reimagining an iconic design class for remote learning

For the past 50 years, mechanical engineering students at MIT have convened on campus for a boisterous robot competition. Since the 1970s, when the late Professor Emeritus Woodie Flowers first challenged students to build ...

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Competition

Competition is a contest between individuals, groups, animals, etc. for territory, a niche, or a location of resources. It arises whenever two and only two strive for a goal which cannot be shared. Competition occurs naturally between living organisms which co-exist in the same environment. For example, animals compete over water supplies, food, mates, and other biological resources. Humans compete for water, food, and mates, though when these needs are met deep rivalries often arise over the pursuit of wealth, prestige, and fame. Business is often associated with competition as most companies are in competition with at least one other firm over the same group of customers.

This text uses material from Wikipedia, licensed under CC BY-SA