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

These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Target is the latest major retailer to chop the price of its Thanksgiving meal bundle, joining Aldi and Walmart in a holiday price war. —

Jordan Valinsky, CNN, 28 Oct. 2024 Weak consumption and a rapid rise in output have led to intense price wars in sectors including electric vehicles and solar. —

Jason Ma, Fortune, 13 Oct. 2024 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 See all Example Sentences for price war