Kind of goes along with what FWJ said, we have some folks that I guess are competitors, but I follow along in the Stephen Covey thought of there is enough business for all of us, so I feel like they are just folks doing the same job.
Anyway, some of the other guys, we sit down with, or bump into each other out on jobs or out shopping etc. and share info, prices, gripes and complaints a bit. We gain a lot, just by kind of "back checking" with the other folks in the business that we respect.
Then there is one in particular, that is always trying to impress you when he speaks with you. He has underbid us on some jobs and got them and just in general comes across to me as a sleaze when I have to deal with him. Of course, I found it incredibly humourous that we just re-did a patio that he underbid us on, and got,,,, Then saved the money in materials and site prep...... I love it when you get to see the whole thing all the way through, and when the client calls you back, and you have to tell them it will be an Extra $500 more then the original quote because you have to undo the other guys work.
Anyway, price shopping happens, and yep, that would be pretty galling.
I gave a tour of my day job once to these folks, and they were very interested in the "details" which most folks touring an environmental facility do not know, nor care about. Get all done, guy shakes my hand, and say's oh yea,,,, Mike, (a former manager who went to a competitors company) said hi, and said you would be very knowledgable in this subject.....................
They were bidding against us on the contract.
I was not a very happy camper at that moment.