Aspects are. It is competition when you’re after the same resources as another. But it’s not when you are the only one after those resources. What the resource is changes. And the reason it has value to some but not others is also a factor. For example a car mechanic is not competing with a nail salon. And then there are cooperative ventures. Like a book store being next to a coffee shop. To different businesses that generally are pulling in funds from the same source, but benefit from the other being there. These are just small business examples, but it can apply similarly in various situations.