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.

Origin of price war

1
First recorded in 1925–30

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How to use price war in a sentence

British Dictionary definitions for price war

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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