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price competition

   Also found in: Wikipedia 0.01 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.price competition - 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"


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Brussels said that the market-sharing agreement had helped both hold strong positions in the French and German gas markets as they were being liberalised and so deprived consumers of price competition and choice of supplier.
The company, which makes Aquos-brand flat-screen televisions, blamed the poor performance on weak sales, a stronger yen, severe price competition, restructuring costs and losses on investments.
Observing that commission rates have remained relatively uniform--regardless of market conditions, home prices, or the effort required to sell a home--some economists have questioned the extent of price competition in the residential real estate brokerage industry.
 
 
 
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