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Definition of commoditize
commoditized
;commoditizing
transitive verb
1 : commodify commoditizing bandwith; specifically : to render (a good or service) widely available and interchangeable with one provided by another company
2 : to affect (something, such as a brand or a market) by commoditizing goods or services fierce competition threatened to commoditize prices
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Recent Examples of commoditize from the Web
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Standardized benefit designs threaten to commoditize insurance and stifle innovation, while potentially misleading consumers.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'commoditize'. Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
Origin and Etymology of commoditize
see commodity
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