price war

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  • noun

Synonyms for price war

intense competition in which competitors cut retail prices to gain business

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References in periodicals archive ?
So both Moscow and Riyadh are keen on seeing an end to the oil price war - Saudi Aramco's planned privatisation's IPO and Russia's suffering economy being the main reasons.
Average orders leapt almost 19% higher to 226,000 a week, but in a sign of the toll taken by the ongoing price war, it revealed that average orders were 3.
Global Banking News-June 9, 2016--India's Paytm not interested in price wars
Food supplier insolvencies are still rising as small producers continue to be the major casualties in the supermarket price war.
Fraser McKevitt, head of retail and consumer insight at Kantar Worldpanel, said: "Lower costs are the result of both falling commodity prices and the ongoing supermarket price war, with all major retailers offering cheaper like-forlike goods.
It's the latest example of the cut-throat price war as the major supermarkets try to rival budget chains Aldi and Lidl to reverse a sharp fall in sales.
The price war helped reduce inflation to a record low, at 0.
The timing of Iran's price cuts makes a price war more and more probable," Eugen Weinberg, head of commodities research at Commerzbank AG in Frankfurt, told Bloomberg news.
If an oil price war resumes, it will not be the first.
After various more modest initiatives failed to turn the decline in tariffs around in 2013, SAMA ultimately dealt the price war a fatal blow by openly reminding the Kingdom's licensed consulting actuaries of their duty to ensure prudent reserving at the companies with which they work.
SPENDING in food stores dropped in July for the first time in at least 25 years as the supermarket price war took effect, official figures showed today.
5% slump for food in the quarter to July came in the face of the supermarket price war as discounters continue to make inroads.
Embattled Morrisons are to ramp up the high street price war tomorrow with a new wave of discounts.
Summary: Muscat: Yet another price war has erupted in the Oman-India skies as low-cost airline SpiceJet .
THE price war that has been waged by bookmakers in recent months became more and more heated in the run-up to Cheltenham, with firms "keen to steal lunch off the plates of our competitors", as David Williams of Ladbrokes described it yesterday as layers reflected on the festival, writes Stuart Riley.