noun
scramble; fierce competition; contest
A heated struggle or contest where multiple parties vie for the same limited resource, prize, or position. Often used in business, sports, and political contexts.
新市場のシェアをめぐる争奪戦が始まった。
A scramble for market share in the new market has begun.
優勝杯の
The contest for the championship trophy was extremely fierce.
奪い合い is a more colloquial, verb-based expression for scrambling or fighting over something, whereas 争奪戦 is a formal noun often used in news and analysis.
Compound of 争奪 (sōdatsu, 'struggle for possession') and 戦 (sen, 'battle'). The word 争奪 itself is a Sino-Japanese compound of 争 (contend) and 奪 (take by force).