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1. A reduction or elimination of competing businesses or products in a particular field.
2. A decline in a securities market that forces speculators to sell their positions, often at a loss.



an elimination of weaker businesses, esp. in a period of intense competition.
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Noun1.shakeout - an economic condition that results in the elimination of marginally financed participants in an industry; "they glutted the market in order to cause a shakeout of their competitors"
economic condition - the condition of the economy
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References in periodicals archive ?
We've been reading about the industry's boom and bust cycles and its shake outs for decades.
Layoffs, slow-downs, shake outs, consolidations, mergers, financial failures and precipitous declines in market value have reshaped the brand landscape in the technology industry.
Next year will he one of rapid growth and shake outs throughout industry.