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 Private label is becoming the weapon of choice in price wars. —

Louis Biscotti, Forbes, 10 Sep. 2024 But faced with a growing preference for hybrids at home and a brutal price war, Chinese automakers want to export more vehicles abroad. —

Robert Ferris,eunice Yoon, CNBC, 13 Aug. 2024 In China’s domestic market, overcapacity issues have provoked a brutal price war in some industries that is hampering profits and devouring capital. —

Zongyuan Zoe Liu, Foreign Affairs, 6 Aug. 2024 Song pointed out that the price war in autos, falling smartphone prices and a drop in rents posed near-term drags on non-food prices in China. —

Evelyn Cheng, CNBC, 9 Aug. 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.