Controlling access to data by external users company?

Brass Contributor

Is it possible to invite external users into an application or SharePoint; and then control what they can edit by the company they work for?

 

My use case is I want to bring a group of partners together to collaborate and share information about their own solutions.  All partners should be able to see all content from other partners; but they should only be able to edit their own company information. 

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