noun
competitor
kuhm-PET-ih-ter/kəmˈpetɪtər/
A person or thing competing against others.
Each competitor hopes to win the race on Saturday.

Etymology
The pieces suggest someone striving alongside others. That shared pursuit became rivalry: a competitor seeks the same prize or advantage as someone else.
In context
the up-to-date businessman is not content to build only for the present but is planning ahead if he does not he will fall behind his competitor
More examples
- The bakery lowers its prices to attract customers from its competitors.
- This budget laptop is a strong competitor to pricier models.
- Only four competitors advance to the final round.
Forms
competitor · competitors
compete verb — To try to outperform other participants.
competition noun — An event in which participants compete.