"virtuous competition" is a correct and usable phrase in written English.
You can use this phrase to refer to competition which is based on ideas and values that can be seen as beneficial, such as the competition between two businesses who are striving to offer the best customer service. For example, you could say, "The competition between these two companies has been a virtuous competition, as each business is committed to making their customers happy."
But Scandinavia offers some useful lessons in achieving the twin grails of patient choice and virtuous competition in a system funded, like the NHS, through taxation (albeit more of it).
As Milken COO Irving said, "We hope the findings spark national discussion and, at the local level, generate virtuous competition among cities to galvanize improvement in the social structures that serve those seniors".
Dr Fox says that encouraging greater take-up of private insurance would not lead to more health-care inequality, since the NHS and the private sector would spur each other on in a virtuous cycle of competition.
Providing building performance to the public through transparency policies better informs leasing and purchasing decisions; it enables the market to function properly and reward efficient buildings with higher occupancy and faster lease-up, creating a virtuous cycle of competition to operate buildings efficiently.
But for soccer and other sports the greater worry is surely article 85, governing competition.Virtual, or virtuous, monopolies?Most big businesses have physical assets buildings, factories, machinery and so on.
Search engines epitomize dynamic competition the virtuous cycle in which innovation drives competition, which further drives consumer-welfare-enhancing innovation.
Doping scandals arguably threaten the marketing of sports because advertising strategists tend to stress the virtuous aspects by portraying the purity of competition, the notion of fair play, and that victory is the result of hard work.
But I see the momentum created by these four factors – customer awareness, technology, business models and distribution channels – creating a classic virtuous cycle where customer demand fuels innovation and competition, which in turn fuel financing and further growth.
They made statements before the press to the effect that organized competition was a time-tried and even virtuous way to settle disagreements.
Provided that policymakers do not take foolish steps to protect the weak, those people and those human achievements that are fittest — most beautiful, noble, wise, creative, virtuous, and so forth — will succeed in a fierce competition, so that, over time, humanity and its accomplishments will continually improve.
Most of the rest of these companies' acquisitions or new ventures tend to fit into the same sort of "virtuous cycles", building on a core product or shutting down competition before it starts.
