price war

noun

: commercial competition characterized by the repeated cutting of prices below those of competitors

Examples of price war in a Sentence

The airlines are engaged in another price war.
Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
That could, analysts said, start a price war for AI services, potentially pressuring tech companies such as OpenAI that are already losing billions of dollars each year due to the high operational costs of running services such as ChatGPT. Aditya Soni and Zaheer Kachwala, USA TODAY, 30 Jan. 2025 In recent years, Chinese brands like BYD have turned to the export market as a new source of growth, thanks to an extended price war in their home market. Jason Ma, Fortune Asia, 13 Jan. 2025 And amid the intensifying price war in China, American automaker Tesla cut prices by 10,000 yuan for its Model Y through Dec. 31. Sonia Heng, CNBC, 2 Dec. 2024 In a market driven by price wars, simply offering points for repeat purchases is not enough to keep customers from going elsewhere. Peter Su, Rolling Stone, 6 Dec. 2024 See all Example Sentences for price war 

Word History

First Known Use

1895, in the meaning defined above

Time Traveler
The first known use of price war was in 1895

Dictionary Entries Near price war

Cite this Entry

“Price war.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/price%20war. Accessed 23 Feb. 2025.

Last Updated: - Updated example sentences
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