The book “The Theory and Practice of Competition”, created by the team of authors, is a unique study that immerses the reader in the complex and multifaceted world of competitive relations in business. This publication will become an indispensable assistant for students, graduate students, teachers, as well as for practitioners seeking to deepen their knowledge in the field of economics and management. The book focuses on the concept of competition, which is considered not only from a theoretical point of view, but also through the prism of practical application. The authors analyze various models of competitive behavior, explore the mechanisms that determine the success or failure of companies in the market. Readers will be able to learn about how competition shapes strategic decisions, influences innovation, and ultimately the well-being of society. The book covers a wide range of topics, including competitive market analysis, pricing strategies, the impact of technology on competitive advantage, and the role of the state in regulating competition. The authors raise important questions about how companies can adapt to rapidly changing market conditions and what factors affect their ability to survive and thrive in a highly competitive environment. This publication will be especially interesting for those who want to understand how competition affects business processes and what strategies can be used to achieve success. Students and young professionals will find useful examples and cases in the book that will help them better absorb the material and apply it in practice. Experienced managers and entrepreneurs will be able to learn new ideas and approaches to optimize their business strategies The style of the authors is distinguished by clarity and accessibility, which makes complex concepts easy to perceive. They use real-world examples to allow the reader to see how theoretical models work in real life. This makes the book not only a tutorial, but also a fascinating read for anyone interested in economics and business. In addition, "Competition Theory and Practice" echoes other well-known works in the field of economics, such as "Competition" by Michael Porter and "Blue Ocean Strategy" by Chan Kim and Renee Mauborn .. These books also explore competition issues, but from different perspectives, allowing the reader to gain a more complete understanding of the topic. The book will be useful not only for the study of theory, but also for the practical application of the knowledge gained. It will be a valuable resource for those who want to develop their skills in strategic thinking and management. Readers will be able to use the ideas outlined in the book to develop their own business strategies and improve the competitiveness of their companies. Thus, the Theory and Practice of Competition is not just a book, but a whole world of knowledge that opens up new horizons for the reader in understanding competitive processes. It will become a reliable companion on the way to success in business and will help anyone who seeks not only to survive, but also to succeed in conditions of fierce competition.