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price_competition
has definitions from the field of business
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[ noun ] (business) intense competition in which competitors cut retail prices to gain business
Synonyms Used in print (Allan J. Braff and Roger F. Miller, "Wage-Price...)The model of this paper considers an industry which is not characterized by vigorous price_competition , but which is so basic that its wage price policies are held in_check by continuous critical public scrutiny . Price_competition is lacking . Because of its importance , and because the lack of price_competition is well recognized , the industry is under considerable public pressure not to raise its price any more than could be justified by cost increases . Related terms |
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