Intense competition in which competitors cut retail prices to gain business.

synonym: price competition.

Roget 813: discount, abatement, concession, reduction, depreciation, allowance; qualification, set-off, drawback, poundage, agio^†, percentage; rebate, rebatement^†; backwardation, contango^†; salvage; tare and tret^†.    sale, bargain; half price; price war.    wholesale, wholesale price; dealer's price; trade price.    coupon, discount coupon, cents-off coupon; store coupon, manufacturer's coupon; double coupon discount, triple coupon discount.    ... show more

Dutch: prijzenoorlog, prijzenslag, tarievenoorlog