WordNet
price competition
n. intense competition in which competitors cut retail prices to gain business [syn: price war]
Usage examples of "price competition".
The serious price competition they offer to more traditional forms of publishing may end up pushing the whole industry to re-define itself.
For this reason the manufacturers try to avoid price competition if at all possible.
Adding to the problem were the Japanese, whose thirst for oil had led to a price competition the Chinese could not hope to win.