"Online businesses often face MORE competition than offline businesses". Is this true OR false? Why?

Any product/service that is successful and visible (referring to advertising, specially via social media) is bound to attract more competition.

 

True--Customers have more chance to be selective for the Price/frequest price Offers/Changes in Prices for smilar products at Short Notice.

My friend purchased a Book at10% discount in the Morning

I happend to buy the same  Book for30% less on the same day Evening--The delivery to was a little bit earlier.  

I think yes it's true because online business is easy to enter and also no barriers to enter,  furthermore you don't need a lot of fixed cost compared to the offline business and there is a low level of differentiation and Competitors are of roughly equal size.

True, as no marketing skills can be applied and only Price influence the customer. And customer will get too many options for it.

it is true , the online business is a very broad market and with wide range of choices. But it always have a good reach.