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 The Saudi oil minister's remarks were interpreted by other producers as a veiled threat that the kingdom is willing to launch a price war to keep its market share if other countries don't abide by the group's agreements. —

Robert Daugherty, Forbes, 3 Oct. 2024 The performance amid a brutal price war is due in part to the company’s cost strategy of sourcing produce directly from farmers and automating inventory management. —

Orianna Rosa Royle, Fortune Asia, 13 Sep. 2024 And the price wars are pushing China’s deflation in the wrong direction. —

Byandrew Nusca, Fortune, 8 Oct. 2024 The Chinese market remains plagued by a cautious consumer and intense competition leading to price wars, but management said there was progress quarter over quarter in key areas like average daily transactions, weekly sales and operating margin. —

Jeff Marks, CNBC, 31 July 2024 See all Example Sentences for price war

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'price war.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.