Yes you can match the lowest price rather than undercutting them.
To match lowest price rather than beating it go to your pricing rules and update the Beat Competitor/Beat Amazon Fulfilled by Amazon settings to 0.00. Likewise with Rakuten Play change your competitor price to 0.00.
By changing your rules to beat your competitors by 0.00 you will match their price rather than undercut them. Below is a screenshot showing how this is done.
Below is a screenshot showing how your price will show as matched on Amazon -