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coopetition

Syllabification: (co·op·e·ti·tion)
Pronunciation: /kōˌäpiˈtiSHən/

Definition of coopetition

noun

  • collaboration between business competitors, in the hope of mutually beneficial results.

Origin:

1980s: blend of cooperative and competition

coopetition in other Oxford dictionaries

Definition of coopetition in the British & World English dictionary