stiff competition

Translations
жесткая конкуренция
The company faced stiff competition in the market.
Компания столкнулась с жесткой конкуренцией на рынке.
Definitions
A situation in which multiple entities, such as businesses or individuals, are vying for the same goal or market share, making it difficult to succeed due to the high level of rivalry.
Words
competition

noun
соревнование
stiff

adjective
жесткий