price war

noun

: commercial competition characterized by the repeated cutting of prices below those of competitors

Examples of price war in a Sentence

The airlines are engaged in another price war.
Recent Examples on the Web Tesla in China Tesla is the only significant non-Chinese player in China’s fiercely competitive EV market, though a years-long price war with domestic manufacturers is pressuring its sales numbers and margins. Prarthana Prakash, Fortune Asia, 5 July 2024 After several boom years, even the hype-generating powers of Tesla CEO Elon Musk weren't able to stave off the realities of a small and stagnant product line and a brutal price war, particularly in China. Jonathan M. Gitlin, Ars Technica, 2 July 2024 Saudi Arabia decided to wage a price war against emerging U.S. shale oil producers, and oil prices plummeted as a result. Francisco Rodríguez, Foreign Affairs, 9 Oct. 2020 But the recent deflationary downturn in China sparked by an imploding real estate market lead to a brutal price war that many western carmakers cannot or will not follow. Eleanor Pringle, Fortune, 19 June 2024 See all Example Sentences for price war 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'price war.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1895, in the meaning defined above

Time Traveler
The first known use of price war was in 1895

Dictionary Entries Near price war

Cite this Entry

“Price war.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/price%20war. Accessed 15 Jul. 2024.

Last Updated: - Updated example sentences
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