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Price war

Form of business rivalry

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1 news mentions · 👍 0 likes · 👎 0 dislikes

📌 Topics

  • Antitrust (1)
  • Tech Regulation (1)
  • Market Competition (1)
  • Consumer Protection (1)

🏷️ Keywords

Amazon (1) · California (1) · Injunction (1) · Price competition (1) · Antitrust lawsuit (1) · Rob Bonta (1) · Buy Box (1) · Price fixing (1)

📖 Key Information

A price war is a form of market competition in which companies within an industry engage in aggressive pricing activity "characterized by the repeated cutting of prices below those of competitors". This leads to a cycle, where each competitor attempts to match or undercut the price of the other. Competitors are driven to follow the initial price-cut due to the downward pricing pressure, referred to as “price-cutting momentum”.

📰 Related News (1)

🔗 Entity Intersection Graph

Injunction(1)Amazon(1)California(1)Price war

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