Written by the Fiveable Content Team โข Last updated August 2025
Verified for the 2026 exam
Verified for the 2026 examโขWritten by the Fiveable Content Team โข Last updated August 2025
Definition
Fair competition refers to a level playing field where individuals or groups compete under equal conditions, without any unfair advantages. It ensures that everyone has an equal chance to succeed based on their own abilities and efforts.