cut-throat competition

(redirected from Destructive Competition)

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

cut-throat competition

see PRICE WAR.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
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The settled view to which my study of the subject leads me is that the quintessence, the soul, and the main driving force of capitalism is a compound of greed, naked self-interest, utter disregard for the interests and rights of others, destructive competition, opposition to any form of innovation, control, or planning, etc.
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"Infighting and destructive competition" between managers After conducting interviews with dozens of theatre staff - predominately nurses - Mr Phillips also reported "every person who attended confidential consultations with me expressed concern for their own or other colleagues' health and wellbeing with a high proportion disclosing concerns on a continuum of minor self harm to risk of suicide".
One might even say destructive competition exists in selected markets that are Islamically over-banked.
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