Both have sizable chunks of the equity markets and extremely low overhead, so they may move to offer even lower transaction fees to fight off the competition.

这两家交易所均拥有相当庞大的股票市场份额，经费开支也极低，因此它们可以转而提供更低的交易费，从而赢得竞争。

youdao

High share prices make targets more expensive, and private equity is still raising record amounts of money, meaning more competition-and higher prices-for acquisitions, lowering potential returns.

高股价致使收购对象更加昂贵，而私募股权仍在筹集创纪录的资金量，这意味着并购活动的竞争更加激烈，价格更高，而潜在的回报则降低了。

youdao

CAN bus was multiple masters equity system, sustained competition.

CAN总线是多主对等系统，支持竞争。

youdao

The flood of money into private equity caused more competition in the world of buy-outs, with the result that deals were done at higher valuations.

ECONOMIST: Buttonwood

His determination to clinch the deal saw him beat off rival competition from private equity firms.

BBC: The tycoon behind oil plant Ineos

Better still, there is less competition in private equity in Brazil, compared with other big emerging economies.

ECONOMIST: Face value