Internet

Cracking the code: Examining why people fall for scams

Australians lost a staggering $3 billion to scammers last year, surpassing any previous year. That's equivalent to the cost of rebuilding three new hospitals. The latest Targeting Scams report from the Australian Competition ...

Business

Google faces £7 bn claim on behalf of UK consumers

Google is facing a new lawsuit in Britain, which accuses the US tech giant of stifling competition in the search engine market and causing prices to rise across the UK economy, a statement said Thursday.

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.

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