price undercutting

It hopes, he said, not to repeat the cut-throat price undercutting that contributed to the big losses in 1984 and 1985.

Because of price undercutting by the overseas firms, the government introduced regulation of petrol prices from 1933 [1].

Expect a price undercutting a similarly specified GS (about £11,000) with the first machines appearing in showrooms in March next year.

Kurt Hallead, an oil-service analyst for Rodman & Renshaw Inc., said the industry was consolidating and thus lessening the threat of price undercutting.