Is it possible for two businesses that are competitors to collaborate? How?

[King Belieal]

Business competition is always seen to be very fierce. And there is always almost no chance for businesses that are competitors to compete.

But is there a situation that can necessitate competing businesses to collaborate? Yes. One example is two businessss in the same industry coming together to execute one big project.

Which other points can competing businesss collaborate?

 

[Kross]

Two businesses that are competitors can collaborate in terms of setting standards for entry into the industry.

 

[Min George]

Two businesses that are competitors can collaborate to press home demands from the government that would favor the entire industry.

 

[Augusta]

Is there can come together to do business together like you stated to execute projects that would benefits the both of them

 

[kit_hung]

Two businesses that are competitors can collaborate to press home demands from the government that would favor the entire industry.

Yeah rivals teaming up can be smart cuz government listen louder when industry speak together. Competition still exist but unity on demands make impact bigger. Folks think collab mean losing edge but it not. Shared goals push progress faster. Strength in numbers always carry weight in business hustle.