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English definition of “price war”

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price war

noun [C] uk   us  
a situation in which different companies compete with each other by reducing prices: A supermarket price war has led to lower profit margins.
Translations of “price war”
in Chinese (Traditional) 價格戰…
in Chinese (Simplified) 价格战…
(Definition of price war from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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