Meaning of “competitive edge” in the English Dictionary

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"competitive edge" in Business English

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competitive edgenoun [ S ]

uk us

the fact that a company has an advantage over its competitors:

The low overheads of the company gave it a competitive edge over other retailers.
gain/maintain/retain a competitive edge The business needs to innovate in order to maintain a competitive edge.

(Definition of “competitive edge” from the Cambridge Business English Dictionary © Cambridge University Press)