bn:00064312n
Noun Concept
Categories: Business rivalries, Pricing
EN
price war  price competition  fare war  price wars
EN
Intense competition in which competitors cut retail prices to gain business WordNet 3.0
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EN
Intense competition in which competitors cut retail prices to gain business WordNet 3.0 & Open English WordNet
A price war is a form of market competition in which companies within an industry engage in aggressive pricing strategies, “characterized by the repeated cutting of prices below those of competitors”. Wikipedia
commercial competition characterized by the repeated cutting of prices below those of competitors Wikidata
A situation where commercial competitors repeatedly undercut each other's prices in order to attract buyers. Wiktionary
Repeated undercutting of prices. Wiktionary (translation)
WordNet 3.0 & Open English WordNet
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