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Cut-Throat Competition
(redirected from Cutthroat competition)

    Also found in: Wikipedia 0.01 sec.
Cut-Throat Competition
Competition between two or more companies so fierce that they are unable to recoup the costs of making their products. This may happen especially if there are frequent or seasonal drops in demand. Over the long term, cut-throat competition is unsustainable for all companies involved. It is also called ruinous or destructive competition.
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In today''s environment of cutthroat competition, customer expectations of support and service have reached new highs Businesses without extraordinary customer support tend to lose favor with consumer, lag behind their competition or even face a survival crisis In today''s environment of cutthroat competition, customer expectations of support and service have reached new highs.
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