Financial and business terms

HYPERCOMPETITIVE

hypercompetitive: translation

hypercompetitionUKUS/ˌhaɪpəkɒmpəˈtɪʃən/noun[U]
ECONOMICSa situation of extreme competition, where companies must try even harder than usual to have better products, sell more, etc.:»

The telecom company is preparing for another year of “hyper-competition”, focusing not only on adding new subscribers but also on creating new services for existing users.

hypercompetitiveadjective
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Hypercompetitive environments require businesses to stay flexible, innovative and creative.