Definition of Price competition

1. Noun. Intense competition in which competitors cut retail prices to gain business.

Exact synonyms: Price War
Generic synonyms: Competition

Lexicographical Neighbors of Price Competition

price-earnings ratio
price-to-earnings ratio
price bracket
price competition (current term)
price control
price cut
price cutting
price fixing
price floor
price freeze
price gouging
price in
price increase
price index
price indices
price is right
price level
price list

Literary usage of Price competition

Below you will find example usage of this term as found in modern and/or classical literature:

1. Principles of Marketing by Fred Emerson Clark (1922)
"Branded Staples Introduced to Reduce price competition and Control the Market.—But in differentiating their product so as to obtain a more secure position ..."

2. Modern Salesmanagement: A Practical Handbook and Guide by Justus George Frederick (1919)
"Ruinous price competition which is so often encountered spells chiefly ignorance. Many firms do not know the exact cost of their goods. ..."

3. Global Competitiveness of U.S. Advanced-Technology Industries: Cellular ... (1994)
"Cellular service providers that have experienced the most intense price competition in the home market appear to be the best prepared to compete in terms of ..."

4. Regulatory Reform in Denmark by Oecd (2000)
"Mandated mark-ups eliminated price competition at retail and dampened price competition upstream. Retailers even pooled profits via a legally-imposed ..."

5. Report of the Federal Trade Commission on the Pacific Coast Petroleum by United States Federal Trade Commission (1922)
"price competition ACTIVE, 1913-1915.—Active competition originated among the small independent refiners in the vicinity of IMS Angeles in 1913, ..."

6. The OECD Report on Regulatory Reform by Joanna R. Shelton (1997)
"For example, permitting pharmacies to offer consumers the option of generic products increases choices and stimulates price competition. ..."

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