shakeout

An economic condition or process that results in the elimination of marginally financed or weaker participants in an industry, often leading to consolidation.

• 🇫🇷Processus économique ou situation qui élimine les entreprises les plus faibles ou les moins bien financées d'un secteur, conduisant souvent à une consolidation du marché.

1. Economic elimination C1 formal business

   A situation in which weaker or less competitive companies are forced out of an industry, often due to economic pressures or market changes.

   • The tech industry experienced a major shakeout after the bubble burst.
   • Many small retailers were eliminated in the shakeout caused by the recession.
   • The shakeout in the airline industry led to several bankruptcies.

   🇫🇷Élimination économique

   Synonymes: purgerationalizationwinnowing

• shakeouts plural form
• shakeouts' possessive plural form
• shakeout's possessive singular form