price war

(redirected from Price wars)
Also found in: Thesaurus, Medical, Financial.

price war

n.
A period of intense competition among businesses in which each competitor tries to cut retail prices below those of the others.

price war

n
(Commerce) a period of intense competition among enterprises, esp retail enterprises, in the same market, characterized by repeated price reductions rather than advertising, brand promotion, etc

price′ war`


n.
intensive competition, esp. among retailers, in which prices are repeatedly cut in order to undersell competitors or force competitors out of business.
[1925–30]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.price war - intense competition in which competitors cut retail prices to gain business
competition - a business relation in which two parties compete to gain customers; "business competition can be fiendish at times"
Translations

price war

nguerra dei prezzi
References in periodicals archive ?
Global Banking News-June 9, 2016--India's Paytm not interested in price wars
THE number of food producers that have gone bust have tripled over the last five years as a result of the supermarket price wars, a report said.
MILK price wars are threatening the livelihoods of dairy farmers, with the cost of a pint at a seven-year low and working out cheaper than some bottled water.
It said the drop "suggests that prolonged discounting and price wars were having an effect on overall sales".
The headache for the grocer investor is the tonic for the consumer - it's likely these price wars are here to stay.
Small farmers and plantation workers are "collateral damage" in the supermarket price wars, with the poorest people having to work harder because of the "ever-tightening squeeze" on what producers earn, it was warned.
PRICE WARS THE price war raging between bookmakers on Saturdays steps up a gear today to such an extent that the fierce competition has resulted in punters being in a situation where they theoretically cannot lose on one of the televised races, writes Paul Eacott.
SUPERMARKET price wars and the falling cost of petrol last month helped push inflation down, official figures revealed.
Summary: Official figures have revealed that supermarket price wars and the falling cost of petrol helped push inflation down further from its peak.
In an effort to stop the price wars among the Country s mobile subscribers, the Uganda Communications Commission has issued a draft proposal to limit voice tariff promotions.
Sir, Ongoing price wars by the major retailers in the conventional banana sector are preventing any further growth in the Fairtrade market.
IN YOUR article "City hotels square up as price wars predicted"