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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.
Origin
1925-1930
1925-30
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for price war
  • Dealer lots are clogged with inventory, and a price war seems to be taking off.
  • The history books imply that the collapse was caused by technical drawbacks and a price war.
  • And in an almost static market in which the share of imported wines is growing, a price war looks only too likely.
  • Managers from all three ports mutter darkly about an impending price war.
  • When one producer ramps up production dramatically, a price war erupts.
  • The small, independent milk dealers continued their price war yesterday.
  • Already, a price war is looming, as dealers try to clear inventory for new models arriving in the fall.
  • Entire communities and counties are being severely damaged by this oil price war.
  • For the past several weeks, they have been engaged in a price war, with each firm attempting to undercut the other's prices.
  • The present controversy arises out of a price war involving these four stores.
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
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Difficulty index for price war

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Word Value for price

9
11
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