price leadership


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price leadership

n
(Marketing) marketing the setting of the price of a product or service by a dominant firm at a level that competitors can match, in order to avoid a price war
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
References in periodicals archive ?
A simple OLS regression estimating for each treatment the effects of price leadership, the mean price spread and the modal price choice on mean transaction prices provides a succinct way to summarize the above observations regarding the differential effects of production and product durability on tacit collusion.
In general management sees price leadership, after-sale servicing abilities and developed dealership network as the main competitive advantages.
The rating takes into account Walmart's leading market standing, backed by its price leadership and value proposition offerings, as well as its low-cost structure, the agency said.
The bank, one of the world's largest, will be subject to a stringent ban on price leadership, meaning it will not be able to undercut competitors.
He said: "As a result of our price leadership we have continued our momentum and accelerated into 2009.
Benchmark signalling and price leadership might finally be working according to what kind of crudes the world mostly utilises-heavy sours.
Lee Scott attributed Wal-Mart's success to "price leadership and improved customer service, especially at the Wal-Mart Stores U.S.
Finnish trading house Kesko Corporation said on Tuesday (11 April) that its subsidiary Kesko Sports would open the first Budget Sport store, with a focus on price leadership, in cooperation with Intersport International Corporation (IIC).
In fact, Miller CEO Norman Adami said that Miller is prepared to lose some volume share over the short term in order to support A-B's reassertion of industry price leadership. Adami went on to say that Miller is even prepared to establish a price umbrella if A-B loses price discipline in the face of its own increasingly difficult volume comparisons in 2006."
He said, 'Squeezed between the superstores and high street specialists, the group will once again jockey for position in the tabloids on entertainment price leadership with Tesco, a game that is unlikely to be won in our view.'
A hostile takeover of what is widely considered to be a well-managed, large, international packaging player leaves little room for trade buyers to leverage huge synergies from the deal, although there could be an upside on price leadership issues.
These regulatory-induced lower funding costs provide important pricing advantages and leverage over smaller rivals that establish conditions for dominant-firm price leadership. Consequently, regardless of levels of local market concentration, markets may be rendered less competitive because of a dominant-firm price leadership situation.