Competitors are companies offering a competing product or that are active in the same market segment or target group.
If a contact is identified as a competitor, it is associated with the Competitors group and also automatically included in the competitor management.
See also: Managing competitors
§ GDPR: You should not register or categorize any persons as competitors but only companies, otherwise, according to the GDPR and data protection, you must always obtain the consent of the person and comply with the information obligation (Art. 13 or 14 GDPR)!
See also: GDPR, Note on recording competitors