noun
a situation in which companies or shops / stores keep reducing the prices of their products and services in order to attract customers away from their competitors
noun
a situation in which companies or shops / stores keep reducing the prices of their products and services in order to attract customers away from their competitors
Oxford Advanced Learner's English Dictionary. Оксфордский английский словарь для изучающик язык на продвинутом уровне. 2005