The phrase "adequate competition" is a correct and usable phrase in written English.
You can use this phrase to describe a situation where there is a sufficient or suitable amount of opposing forces, ideas, interests, etc. For example, "The large number of freelance graphic designers in the area provides adequate competition for the local design agency."
"The sale of assets such as branches is only one aspect of ensuring adequate competition.
Then the dishes started arriving, and they were adequate competition for the scene.
In some public utilities in some countries that is true, because governments failed to ensure adequate competition and regulation.
Those files contained evidence that the contracts were awarded with adequate competition and represented the best deal for taxpayers.
But the Transportation Department, which has lately said it is not satisfied that deregulation is providing adequate competition in the aviation industry, can give "exemptions" to the rule.
It is critical that concerns about the current procurement approach, lack of adequate competition and resulting choice of contractor do not undermine confidence in the training.
Normally, adequate price competition establishes a fair and reasonable price (see 15.403-1(c)(1)(i)).
Three players in European markets seems to be the balance in order to ensure adequate market competition while retaining healthy profits for the players".
However, such goals are no longer adequate because competition is getting rougher and, in particular, because a strictly low-cost, high-efficiency strategy is apparently becoming less viable in many industries.
(1) Except when pricing an item on the basis of adequate price competition or catalog or market price, unit prices shall reflect the intrinsic value of an item or service and shall be in proportion to an item's base cost (e.g., manufacturing or acquisition costs).
The Administrator shall conduct a study to develop a consistent methodology which executive agencies should use for measuring the profits earned by government contractors on procurements, other than procurements where the price is based on adequate price competition or on established catalog or market prices of commercial items sold in substantial quantities to the general public.
