An analytic formalism developed earlier to describe the time evolution of t
he basic enzyme reaction is extended to fully competitive systems. Time-dep
endent closed form solutions are derived for the three nominal cases of com
petition: even, slow and fast inhibitors, allowing for the first time the c
omplete characterization of the reactions. In agreement with previous work,
the time-independent Michaelis-Menten approach is shown to be inaccurate w
hen a fast inhibitor is present. The validity of the quasi-steady-state app
roximation on which the present framework is based is also revised. (C) 200
0 Society for Mathematical Biology.