"damage competitiveness" is a grammatically correct phrase and can be used in written English.
It is typically used in business or political contexts to describe actions or events that negatively affect a company, industry, or country's ability to compete effectively. Example: The new trade policy will greatly damage competitiveness in the manufacturing sector, causing many companies to lay off employees and struggle to stay afloat.
Just as bad regulation can damage competitiveness, good regulation can enhance it.
Energy-intensive industries, especially, are concerned that rising electricity costs could damage competitiveness.
Manufacturers warned over the weekend that the measures would damage competitiveness and growth.
Technology companies in Silicon Valley have fought the expensing of options for many years, warning that it would make it more difficult to raise capital and would damage competitiveness.
Danish consumers already pay more than the European average for their power, and the Danish Parliament still must approve the target amid concerns that realizing the plan would be expensive and could damage competitiveness.
They argue that higher rates damage competitiveness without bringing in significant revenues.
"I find it unbelievable that Juncker and his people seem to believe that the environmental agenda is damaging competitiveness and growth.
The Carbon Trust reckons that the ETS can bring about deeper cutbacks in its next phase, after 2012, without damaging competitiveness.Still, while Europe has a carbon price and the rest of the world does not, there is a cost.
In an interview, Susanne Hounsell, one of the authors of the report, said Germany was "at a crossroads" in determining how to achieve its green objectives without damaging competitiveness and while phasing out all nuclear power production by 2022.
Choked export routes and high windfall taxes are also blamed for flat oil output.Even as petrodollars have strengthened the rouble, damaging competitiveness, the reforms that might have offset this have been glacial.
France's resilience to external shocks is "diminishing" and its medium-term growth prospects are "increasingly hampered by long-standing imbalances," the report said, noting that France's share of European Union exports declined by 11.2 percent from 2006 to 2011, while rising labor costs have damaged competitiveness.
