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price war

noun

  1. intensive competition, especially among retailers, in which prices are repeatedly cut in order to undersell competitors or sometimes to force smaller competitors out of business.


price war

noun

  1. 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


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Word History and Origins

Origin of price war1

First recorded in 1925–30

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Example Sentences

But businesses do not want or need to pay someone to get them into a price war.

Neither of the players lost in this price war; even the customers won.

Among the references to me, Wolff claims that Murdoch, in effect, won the London broadsheet price war, which he did not.

That was the beginning of a losing price-war that lasted ten years.

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