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price competition

NOUN
  1. intense competition in which competitors cut retail prices to gain business

How To Use price competition In A Sentence

  • Another kind of price competition between supermarkets is in the extent and diversity of private label offerings, so-called store brands.
  • As long as these firms consisted of small, family-owned, patriarchally run units, and the price competition was fierce, their activities remained relatively uninteresting. The Prize in Economics 1978 - Presentation Speech
  • More recently Sara Lee has felt pressure from heavy price competition in grocery stores. KKR Makes Overture to Sara Lee
  • In their attempts to stem cut-throat price competition, railway leaders repeatedly formed cartels to set prices and allocate traffic.
  • Open price competition may be limited, although price wars do break out periodically in some oligopolistic markets.
  • Another kind of price competition between supermarkets is in the extent and diversity of private label offerings, so-called store brands.
  • Also, Congress has repeatedly favored importing cheaper foreign drugs as a way to renew price competition in the US drug market, the most expensive in the world.
  • The trend towards non-price competition requires firms to evaluate their own methods of assembling the marketing mix for their markets.
  • And then there is the price competition - is the local notebook maker really able to compete with the rebadged clones marching out of Taiwan?
  • The line between vigorous price competition and illegal predation may be a fine one.
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