price war

1. N-COUNT If competing companies are involved in a price war, they each try to gain an advantage by lowering their prices as much as possible in order to sell more of their products and damage their competitors financially. 价格战[商业]

Their loss was partly due to a vicious price war between manufacturers that has cut margins to the bone. 他们的亏损部分是因为制造商之间把利润空间削减到了极点的一场恶性价格战。