Examples of price war in a Sentence
The airlines are engaged in another price war.
Recent Examples of price war from the Web
The back-and-forth is reminiscent of a price war waged by the two bus companies in the early 90s.
Like other consumer products makers, notably Procter & Gamble (pg, -2.81%), Kimberly-Clark is dealing with a price war in key categories and weak demand for some products such as diapers amid a declining birth rate.
Kimberly-Clark, the maker of Huggies and Kleenex, is laying off about 13 percent of its work force and shedding factories worldwide, amid declining birthrates that are affecting diaper sales and a retail price war that is weighing on profits.
Read More: World’s Biggest Mobile Carriers Defeated as Africa Promise Fades Bharti Airtel is increasingly reliant on international operations after a price war in its home market has led to a profit slump.
The price wars among the biggest U.S. retailers are only getting more intense.
While The Times is miles ahead in the fight to sign digital subscribers, The Post is battling back with an old-fashioned price war.
There, Pompa cut as many as 40 heads a day, six days a week, during a five-year price war among barber shops..
Media outlets on the Mississippi Gulf Coast were reporting the outbreak of a gasoline price war just across the Louisiana border in the tiny Hancock County community of Kiln on Wednesday (Dec. 20).
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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