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Meaning of “price war” in the English Dictionary

"price war" in British English

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price warnoun [C]

uk   /ˈpraɪs ˌwɔːr/ us   /ˈpraɪs ˌwɔːr/
a situation in which different companies compete with each other by reducing prices: A supermarket price war has led to lower profit margins.
(Definition of price war from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"price war" in Business English

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price warnoun [C]

uk   us  
COMMERCE a situation in which companies compete with each other by reducing prices: a fierce/vicious price war A fierce price war has buffeted the US car business and caused deep unease in Detroit, the home to the industry. A petrol price war broke out between supermarkets this week.
(Definition of price war from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “price war”
in Chinese (Simplified) 价格战…
in Chinese (Traditional) 價格戰…
What is the pronunciation of price war?
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