Значение "price war" в словаре английского

английский

price war в деловом английском

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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.

(Определение price war из Cambridge Business English Dictionary © Cambridge University Press)