price war Synonyms
No Synonyms and anytonyms found
price war Meaning
Wordnet
price war (n)
intense competition in which competitors cut retail prices to gain business
price war Sentence Examples
- The relentless price war between retail giants has driven down prices to unprecedented levels.
- Airlines engaged in a fierce price war, slashing ticket costs to attract customers.
- The smartphone industry witnessed a brutal price war, with manufacturers slashing prices to outcompete rivals.
- To boost sales, the grocery chain launched a month-long price war, offering deep discounts on essential items.
- The price war has led to a race to the bottom, with companies sacrificing profit margins to maintain market share.
- The emergence of online marketplaces has intensified price wars, empowering consumers with access to a vast array of products at competitive prices.
- The prolonged price war has resulted in financial losses for several smaller businesses, unable to withstand the intense competition.
- Consumer watchdogs have expressed concerns about the impact of price wars on the quality of goods and services.
- The price war has sparked accusations of unfair trading practices, with some businesses alleged to engage in predatory pricing.
- Despite the short-term benefits, price wars can ultimately lead to industry consolidation, reducing consumer choice and potentially raising prices in the long run.
FAQs About the word price war
intense competition in which competitors cut retail prices to gain business
No synonyms found.
No antonyms found.
The relentless price war between retail giants has driven down prices to unprecedented levels.
Airlines engaged in a fierce price war, slashing ticket costs to attract customers.
The smartphone industry witnessed a brutal price war, with manufacturers slashing prices to outcompete rivals.
To boost sales, the grocery chain launched a month-long price war, offering deep discounts on essential items.
