PRICE WAR


Meaning of PRICE WAR in English

(~s)

If competing companies are involved in a ~, they each try to gain an advantage by lowering their prices as much as possible in order to sell more of their products and damage their competitors financially. (BUSINESS)

A vicious ~ between manufacturers has cut margins to the bone.

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Collins COBUILD.      Толковый словарь английского языка для изучающих язык Коллинз COBUILD (международная база данных языков Бирмингемского университета) .