What is the definition of Adequate competition? | Dictionary.net

ADEQUATE COMPETITION

\ˈadɪkwət kˌɒmpətˈɪʃən], \ˈadɪkwət kˌɒmpətˈɪʃən], \ˈa_d_ɪ_k_w_ə_t k_ˌɒ_m_p_ə_t_ˈɪ_ʃ_ə_n]\

Definitions of ADEQUATE COMPETITION

1910 - Black's Law Dictionary (2nd edition)

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Competition that involves two or more bidders that can comply with the contract and can pay if they win the bid.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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