This is the 9543rd most frequent Korean word.
경쟁으로
"Through competition" or "by competition."
Here, '경쟁으로' refers to the cause ('due to competition') explaining the company's difficulties.
이 회사는 시장에서 경쟁으로 인해 어려움을 겪고 있다.
This company is facing difficulties due to competition in the market.
In this sentence, '경쟁으로' is used to specify the reason ('caused by competition') for the existing tension.
경쟁으로 인한 긴장감이 직원들 사이에 팽배하다.
The tension caused by competition is pervasive among employees.
Here, '경쟁으로' denotes the means or method ('through competition') by which better results are sought.