Earlier quoted context omitted.
I thought so, too, at first. But there's a crucial difference: With the AGPL, Bear's competition can offer the software as as service if they publish the source code they are deploying. With the Bear license, Bear's competition just cannot offer the software as a service. It feels mostly in the spirit of FOSS to me, but Stallman would disagree. He has made it clear that there should be no restrictions on use.
> With the AGPL, Bear's competition can offer the software as as service if they publish the source code they are deploying. Technically true, but in practice almost every tech company forbids GPL code. I bet if you re-read your employment contract closely you'll find that you agreed not to introduce any GPL code into the company's codebases. (Edited for clarity).
(AGPL, however, was nearly impossible to get permission to use)