The term COMPETITOR OF GATEWAY AND COMPAQ can be answered with the four letter word DELL. DELL is an American multinational computer technology company that develops, sells, repairs, and supports computers and related products and services. It is one of the largest technological corporations in the world, employing more than 145, 000 people in the U.S. and around the world. DELL is a direct competitor of Gateway and Compaq, offering similar products and services.