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price competition

NOUN
  1. intense competition in which competitors cut retail prices to gain business

How To Use price competition In A Sentence

  • Minor adaptations to meet their particular needs can become a hedge against cut-throat price competition. Basic Marketing. Principles and Practice
  • The result for customers could be fierce price competition and an explosion of service options.
  • Basic industry knowledge indicates that duopolies do not lead to price competition, but that licensing of multiple operators does.
  • Healthy price competition between multiple vendors vying for an account benefits the customer.
  • David Chan Ke strategic experts may think in terms of price and non - price competition.
  • Besides, it is easy for non-price competition to combine many corporations, cooperate with each other and reform good market competition environment.
  • Secondly, the competition of economic theory is cast solely in terms of price competition and narrowly defined profit maximisation.
  • A step up in price competition between the big grocers was attributed for bringing down food inflation last month. Times, Sunday Times
  • Therefore, in a modern market economy conditions, the non-price competition has gradually become the mainstream of marketing.
  • The very notion of price competition is foreign to many schools.
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