PRICE COMPETITION
(noun)Definitions
There is 1 meaning of the phrase
Price Competition.
Price Competition - as a noun
Intense competition in which competitors cut retail prices to gain business
Synonyms (Exact Relations)
price warExample Sentences
"Supermarkets engage in price competition to attract more customers."
"The airline industry experiences fierce price competition."
"The introduction of online retailers has intensified price competition in the market."
"During a recession, price competition tends to increase."
"New entrants in the market often rely on price competition to gain market share."