price war

Noun

Meaning

intense competition in which competitors cut retail prices to gain business

Source: WordNet

Synonyms

price competition anti-competitive pricing competition on costs competition on prices competitive price setting competitive pricing approach competitive pricing tactics cost advantage war on costs war on prices competition of prices competition on cost cost competition pricing competition pricing war
Show all synonyms

Hypernyms

competition

Examples

The 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

Close letter words and terms

price up price uptick price upturn price yourself out of the market Price's equation Price's theorem