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The phrase "under competitive pressure" is correct and usable in written English.
You can use it when you want to describe a situation in which someone or something is responding to strong competition, especially from other similar businesses or organizations. For example, "The company is struggling to stay ahead of its competitors, so its workers are under competitive pressure to produce faster and better results."
Exact(35)
Putting an end to Google's anti-competitive tying practices is necessary to enabling competition in every segment of the value chain and to keep Google under competitive pressure to further develop its products and services and invest in innovation.
But, she said, it is under "competitive pressure" to make some refrigerators at cheaper locations.
Yet just as the French economy is wilting under competitive pressure, so too is Paris.
The goal is to innovate more minimalist forms of government that would force existing regimes to change under competitive pressure.
After floating on the stockmarket in 1998 at 170p a share, it started to buckle under competitive pressure.
Some researchers say that retailers, in particular, are under competitive pressure to establish distribution centers near major population centers.
Similar(25)
But under competitive pressures from the so-called lad magazines like Maxim and FHM, and in light of revitalized efforts at Details and Esquire, GQ has responded to a midlife crisis by filling its magazine with shorter articles, hipper fashions and a voice that suddenly seems 20 years younger.
If you were a cop at the side of the road monitoring the speed of the cars going by, you would clock the car of business, which is always changing rapidly under competitive pressures, at 100 miles per hour.
At the same time, clinics and research facilities are under increasing pressure to perform and under increasing competitive pressure to be able to exist under clinical, scientific and economic terms and to continue to develop.
Second, we must investigate the conditions under which a norm is stable under some competitive pressure from other norms.
Prices of hardware and software declined under this competitive pressure.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com