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destructive competition

  1. Competition that forces several producers out of the market. Destructive competition usually occurs when there are so many producers of a product that prices are driven down to the point where no one makes a profit. It can also happen if a single producer is significantly wealthier than other producers and can afford to cut prices drastically until the other producers are driven out of business.


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Example Sentences

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Kwan, on the other hand, sees Adani’s ownership of the two airports as a boon considering there’ll be “no destructive competition.”

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Many of these chapters are extraordinary investigations in their own right, dense with empirical detail and insightful analysis, and they collectively establish beyond any reasonable doubt the book’s fundamental claim: “Inequality distorts human rationality. It turns the life of the mind inward, away from the actual problems of the world, and focuses it instead on a destructive competition.”

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The maritime sector remained strong, and the destructive competition between the ports of Seattle and Tacoma ended when the two formed the Northwest Seaport Alliance in 2015.

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It's unclear how long Americans could maintain their private insurance under Buttigieg's plan, though, as he's already reinforced conservative fears about a public option providing unfair and ultimately destructive competition for private companies.

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While regulation designed to curb destructive competition would be difficult to enact given the popularity of these services, there are compelling public-policy reasons for examining this.

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