“in order to create a fair and prosperous society for businesses and workers, government must introduce rules and laws that promote competition.”

how does promoting competition contribute to a democratic society?

competition gives the weakest member of society an advantage that the strongest members do not get.
competition benefits the consumer by to keep prices low and happy customers tend to vote more.
competition encourages people to try new approaches and allows anyone with a good idea a chance to succeed.
competition allows the government of a democratic society to gain control of a wider tax base to support all businesses.