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price competition

/praɪs ˌkɒmpəˈtɪʃən/

1 entry

phrase

/praɪs ˌkɒmpəˈtɪʃən/B2formalbusiness
  • ruРыночная ситуация, при которой компании конкурируют в основном за счет снижения цен для привлечения клиентов, что часто приводит к снижению нормы прибыли.

A market situation where businesses compete primarily by lowering prices to attract customers, often leading to reduced profit margins.

  1. Market rivalry based on pricingB2formal

    A situation in which businesses compete against each other by lowering prices to attract customers and gain market share.

    ruЦеновая конкуренция

    • The supermarket chain engaged in price competition to win over budget-conscious shoppers.
    • Price competition between airlines has led to cheaper flights for consumers.
    • Intense price competition can sometimes hurt smaller businesses.