price war

 Longman Dictionary of Contemporary English 5++朗文当代英语 5++LDOCE 5++朗文 5++

Related topics: Trade

ˈprice war noun [countable]  BBTa situation in which several companies reduce the prices of what they sell, because they are all trying to get the most customers 价格战

Examples from the Corpus

price war• Jenny Craig and Weight Watchers will have a price war.• The threat of a price war led to plunging shares for all the major players in the market.• Us Inc. posted a 7 % increase in holiday sales despite a fierce price war among discount retailers.• Essentially, the talks were hostile: Morgan used the threat of price war to force firms to sell out and merge.• Time allowed 02:26 Read in studio Small garages in the region could be forced out of business in a new petrol price war.

ˈprice war nounChineseSyllable  

several reduce Corpus the which in companies a situation

price war
ˈprice war noun [countable]
a situation in which several companies reduce the prices of what they sell, because they are all trying to get the most customers

price warBrE /ˈpraɪs wɔː(r)/ 🔊NAmE /ˈpraɪs wɔːr/ 🔊 nouna situation in which companies or shops/stores keep reducing the prices of their products and services in order to attract customers away from their competitors 价格战（以减价来吸引顾客）