Com·pete v. i. [imp. & p. p. Competed; p. pr. & vb. n. Competing.] To contend emulously; to seek or strive for the same thing, position, or reward for which another is striving; to contend in rivalry, as for a prize or in business; as, tradesmen compete with one another.
The rival statesmen, with eyes fixed on America, were all the while competing for European alliances. --Bancroft.
adj : being in competition; "competing businesses" [syn: competing(a)]