About the Ethics of Business Competition

Electronic Journal of Business Ethics and Organization Studies 3 (1) (1998)
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Abstract

We study the ethics of competition in a market economy. The competition between firms and individuals within a firm in a market economy is compared with the competition between species and individuals within one species in the nature, and that between different teams, individuals within a team as well as individual athletes in sport. Our conclusion is that if the competition is fair, it meets the requirements of high ethics, and it is one of the fundamental sources of economic development

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