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Coopetition

Cooperating with one’s competitors for some kind of larger societal benefit. In other words, it is the natural balance of healthy ecosystems in which growth is based on innovations brought about by competition and markets are made viable and stable by cooperation. Both are necessary for a healthy, growing market, industry, or economy.

For example: The United States Postal Service is working on reducing their environmental footprint – as well as save money – by cooperating with both UPS and FedEx on various logistical matters.

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