Enough competition in what? Search generally? No, but that is because every other site sucks, not because google is being bad.
In finding news? yeah, I actually do. You can find the current news by going to any newspaper of your choice, and read them there: you don't need to search at all (archives are another matter, but then I suspect that that is a very small amount of their traffic).
I actually think Facebook is a harsher competitor: people will share interesting articles (or those that make their side look good) there, and that traffic is harder to replace.
In finding news? yeah, I actually do. You can find the current news by going to any newspaper of your choice, and read them there: you don't need to search at all (archives are another matter, but then I suspect that that is a very small amount of their traffic).
I actually think Facebook is a harsher competitor: people will share interesting articles (or those that make their side look good) there, and that traffic is harder to replace.