Examples of price war in a Sentence
The airlines are engaged in another price war.
Recent Examples of price war from the Web
Fears of a profit-crushing price war have weighed on stocks in the cutthroat grocery industry, which survives on famously thin margins.
The trend that has raised doubts about whether, as the Fed has suggested, lower-than-optimal inflation reflects mainly temporary factors, such as a price war among cellphone service providers, or rather something more fundamental.
For more on the latest airline price war, click here Hurricane Harvey, which shuttered Houston’s airports for several days last week, will be another drag on earnings because of flight cancellations and a spike in jet-fuel prices.
In July Yandex agreed a $3.7bn merger with Uber, which effectively ceded the Russian market after a costly price war.
For example, cellphone-plan prices fell sharply this spring due to a price war among providers, but the effects were expected to ease.
Under Amazon, Whole Foods has been cutting prices of marquee products including organic kale and avocados -- a harbinger of the price wars to come.
The move is a first salvo in the coming price wars and signals that Walmart, as well as its competitors, will once again compete aggressively around the most important quarter for retailers.
Even after the ban's repeal, baking powder manufacturers battled for decades into the 20th century through advertising battles and intense price wars, as Civitello chronicles in her book.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'price war.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of price war
Financial Definition of PRICE WAR
What It Is
A price war is an event whereby two or more companies continually lower prices to undercut each other.
How It Works
Airline companies are famous for their price wars. If Airline XYZ cuts the price of a flight from Los Angeles to New York from $800 to $700, Airline ABC, which is competing for business on that route, might cut its fare to $650. Airline XYZ might respond by lowering its fair to $625, and so on.
Why It Matters
Engaging in a price war is a competitive strategy, usually to capture market share. Falling prices tend to attract more customers. Some companies may choose to sell a product or service at a loss, however, in order to capture market share and outwin competitors. In some cases, this might lead to antitrust violations.
PRICE WAR Defined for English Language Learners
Definition of price war for English Language Learners
: a situation in which companies or stores compete with each other by lowering their prices on goods or services in order to attract more customers
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