Noun
intense competition in which competitors cut retail prices to gain business
Source: WordNetThe most influential factor in selling a home is always price. Don't build 'wiggle room' into the asking price. There's a price war out there and you have to win it from the get-go. Barbara Corcoran
Alberta is being dealt blows from multiple directions right now — they are handling the repercussions of COVID-19 at the same time that they’re weathering the sting of the international oil price war currently underway between Russia and Saudi Arabia. Source: Internet
After a brutal home-computer price war that Commodore began, the C64 and 1541 together cost under $500. Source: Internet
A price war that broke out between Saudi Arabia and Russia last month intensified the decline. Source: Internet
By the mid-1990s, Compaq's price war had enabled it to overtake IBM and Apple, while other IBM PC Compatible manufacturers such as Packard Bell and AST were driven from the market. Source: Internet
Energy companies have suffered, meanwhile, by a plunge in oil prices partly due to a price war that broke out early this month between Saudi Arabia and Russia. Source: Internet