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

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Join 2 others in the comments View Comments Stiff competition from domestic manufacturers in the country along with a price war has already had visible effects. —

Reuters, CNN, 4 Dec. 2024 Amazon is winning the U.S. price wars, leaving Walmart and Target behind for the eighth consecutive year. —

Francisco Velasquez, Quartz, 14 Nov. 2024 Local carmakers are engaged in a fierce price war, driving down margins across the industry. —

Lionel Lim, Fortune Asia, 30 Oct. 2024 The truth is, after losing revenue for nine of the last 15 years, in a market where oversupply and price wars made foreign steel more attractive (now 25 percent of U.S. domestic consumption), the deal was a lifeline for U.S. Steel. —

David Faris, Newsweek, 4 Nov. 2024 See all Example Sentences for price war