Image for Rules of Competition

Rules of Competition

Rules of competition refer to the guidelines and fair practices that govern how individuals or teams compete against each other in various contexts, such as sports, business, or general contests. These rules ensure a level playing field, promoting fairness and integrity. For example, in sports, rules dictate how games are played, while in business, competition laws prevent unfair practices like monopolies. Adhering to these rules helps maintain respect and fairness, ensuring that success is based on merit and innovation, rather than unethical tactics or deception.