There is competition, but it is used in a good way. It is positive to want to go first, provided the intention is to pave the way for others, make their path more easy, help them, or show the way. Competition is negative when we wish to defeat others, to bring them down in order to lift ourselves up.
A monopoly granted either to an individual or to a trading company has the same effect as a secret in trade or manufactures. The monopolists, by keeping the market constantly understocked, by never fully supplying the effectual demand, sell their commodities much above the natural price, and raise their emoluments, whether they consist in wages or profit, greatly above their natural rate.