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 ?
India-based payment services provider, Paytm, has said that it is not interested in a price war with banks.
It blames the supermarket sector's ongoing price war, sparked by the growth on discounters Aldi and Lidl, which has seen major players such as Tesco and Asda cut prices to protect market shares.
Dairy expert Ian Potter called the price war "devastating" while National Farmers' Union dairy board chairman Rob Harrison said cuts had left the body "incredibly angry and frustrated" and have "a continued detrimental impact".
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.
Chief executive Michael Gidney described the price war as "aggressive", saying: "We are calling on the Government to investigate this dysfunctional market, because it is unfair.
The cost of food and non-alcoholic drinks rose at its lowest rate since July 2010 after supermarkets launched aggressive price wars and a strong harvest saw the price of fresh vegetables and bread fall.
The cost of food and non-alcoholic drinks rose at its lowest rate since July 2010 after supermarkets launched price wars and a strong harvest saw the price of fresh vegetables and bread fall.
In the previous issue of the Alert, we reported how Warid and Airtel were cutting their rates and heading into a price war similar to those started by Airtel in countries such as Kenya and Nigeria.
These retailers should reinforce their commitment to Fairtrade by abandoning the price wars and instead giving a signal to consumers that a low price is not a fair price.
However, I suppose price wars will bring room prices down to a level that will make demand soar.
The big boys have to learn how to avoid price wars at all costs and concentrate on safe, rock solid survival with quality products that function perfectly.
China's aviation regulator has abolished price alliances which were previously forced upon domestic carriers to end price wars and improve market regulation.
All of this got me thinking about price wars, particularly in the setting of enterprise-wide contracts.
Price wars will start driving down modem prices, while driving up the number of users buying internal modems instead of more expensive external modems.