noun
business competition; competing in the same trade
Refers to competition between businesses in the same industry or trade. Often used in legal or formal contexts, such as non-compete clauses.
退職後、競業を避けるために同業他社への転職を控えた。
After leaving the company, I refrained from moving to a competitor to avoid business competition.
契約書には競業避止義務が明記されている。
The contract clearly states a non-compete obligation.