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price-cutting

    0.01 sec.
price-cut·ting (prsktng)
n.
Reduction of retail prices to a level low enough to eliminate competition.
price-cutter n.
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The Swiss retailer is investing 100 million Swiss francs of its own cash into the price-cutting campaign this year, Coop Chief Executive Officer Hansueli Loosli said.
Coop's new look by Swiss News
But the Scottish Licensed Trade Association slammed the pub chains and supermarkets taking part in aggressive booze price-cutting for being "totally irresponsible" and "money grabbing".
Supermarket slash 1000 prices and pubs cut beer to 99p a pint; ... by Daily Record (Glasgow, Scotland)
The figures will increase pressure on the government to curb irresponsible price-cutting, blamed for fuelling Britain's binge culture, as part of a planned review of alcohol prices due to be published next month.
Treasury figures show why pubs are closing by guardian.co.uk / guardian.co.uk
 
 
 
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