What is perfect competition?

Famous quotes containing the words perfect and/or competition:

“And then at last our bliss
Full and perfect is,
But now begins; for from this happy day
The old Dragon underground,
In straiter limits bound,
Not half so far casts his usurped sway,
And, wroth to see his kingdom fail,
Swinges the scaly horror of his folded tail.”
—John Milton (1608–1674)

“All adults who care about a baby will naturally be in competition for that baby.... Each adult wishes that he or she could do each job a bit more skillfully for the infant or small child than the other.”
—T. Berry Brazelton (20th century)