deadsea - 1:44 pm on Sep 13, 2011 (gmt 0)
I specifically link to my competitors. I have six such links on my home page and hundreds of such links deeper in the site. I've done this for years. If my users aren't happy with my site for any reason, I want them to find another site that works for them. I also want to be seen as "authoritative" by Google. I don't nofollow the links and I never have. This site was not hit by panda. The site keeps growing at my competitors' expense.