The correct answer to this open question is the following.
What is true is that when competition encourages people to try new approaches and allows anyone with a good idea a chance to succeed, this process helps to contribute to a democratic society.
The reason is that competition is a healthy thing because it allows all the participants in society to thrive to reach the best. More and better ideas mean more and better societies. This also means a diversity of ideas that can enrich democratic ideas in a plural society.
Without competition, there is no continuing strive to be ahead of others with better ideas and projects. Competition always allows us to show the best version of ourselves.