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I would ask the question why, is there any real benefit, or are you just putting another layer of complexity that you don’t need.
Having said that I am in contact with a lot of my competitors via another forum, but that’s not really the same I think.
But I do keep in touch with 2 or 3, but mainly as I have run into them on other jobs, and built up a relationship, and in my case it is handy as I can feed some of my excess work to them, knowing the jobs are going to reliable people. But otherwise there are dozens running around the area, I wave to them, but never stop and see how business is going or anything like that.