況 is built from the 氵 (water (left)) and 兄 components.
It reads キョウ like 兄, as do 競 — learn 兄 once and the family's reading comes with it.
A common word using 況 is 状況 (じょうきょう), meaning “state of affairs, situation”.
Kanji that look similar include 河, 沸, 油, and 治.