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What does hypercompetitive mean?

Looking for the meaning or definition of the word hypercompetitive? Here's what it means.

Adjective
  1. Extremely competitive
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Examples
An absurdly overvalued dollar is making imports hypercompetitive.
Our industry has also grown hypercompetitive.
In this hypercompetitive global environment, we do not write the rules, but we ignore the rules at our own peril.
These schemes are often hypercompetitive, and applications require a lot of care and thought.
The government believes that a strong, aggressive and forward looking trade and investment strategy is good for Canada, especially in this day of hypercompetitive emerging economies like China, India and Brazil.
The relief from hypercompetitive child-rearing.

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