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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 ​companiescompete with each other by ​reducingprices: A ​supermarketpricewar has ​led to ​lowerprofitmargins.
(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 ​companiescompete with each other by ​reducingprices: a fierce/vicious price war A fierce ​pricewar has buffeted the US ​carbusiness and caused ​deepunease in Detroit, the ​home to the ​industry. Apetrol pricewarbroke 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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