单词	price war
释义	price war noun : commercial competition characterized by the repeated cutting of prices below those of competitors Example Sentences The airlines are engaged in another price war. Recent Examples on the Web Pundits point out that OPEC lost money on the price war and eventually capitulated. Ed Hirs, Forbes, 5 May 2022 Many businesses have faced double-digit annual rate increases since 2019, as insurers put a price war behind them. Leslie Scism, WSJ, 10 July 2022 An epic price war between Russia and Saudi Arabia made things even worse. Matt Egan, CNN, 30 June 2021 Jack Tramiel launched a price war with its VIC-20 and especially its excellent Commodore 64 computer, slashing prices in half soon after launch and then lower still. PCMAG, 27 June 2022 Demand for crude in cars and planes plummeted with much of the world economy in lockdown, while Saudi Arabia and Russia, two of the world’s biggest crude producers, launched a crushing price war. David Hodari, WSJ, 9 Dec. 2020 Buyers will have more options, potentially starting a price war between producers whose crude few want to touch. Nadeen Ebrahim, CNN, 27 May 2022 Supply swelled as Saudi Arabia and Russia engaged in a price war at the worst possible moment. Matt Egan, CNN, 20 Apr. 2021 In April 2020, the pandemic triggered such a sharp drop in oil demand in the wake of a Russian-Saudi price war that the world was running out of places to store it, and oil prices briefly dipped below zero. Gregory Zuckerman, WSJ, 17 Mar. 2022 See More Word History First Known Use 1895, in the meaning defined above
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