Competitor (noun)

A person or organization that takes part in a commercial, athletic, or other competition, especially against another for the same goal or prize.

Origin:

The word competitor comes from the latin word "competitor" which means "one who seeks the same thing".

Examples:

1. The company had several strong competitors.
2. He was a fierce competitor in the race.
3. The competitor offered a similar product at a lower price.
4. The competitor's strategy was to undercut the prices of the market leader.
5. The competitor's performance was impressive.