cut-throat 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.

cut-throat competition

see PRICE WAR.
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The Restaurant Group, who also run Chiquito and Garfunkel's, have struggled in the face of rising costs and cut-throat competition.
The Restaurant Group, which also runs Chiquito and Garfunkel's, has struggled in the face of rising costs and cut-throat competition.
Summary: New Delhi [India], Feb 25 (ANI): In the recent past, digital innovation has gained widespread popularity, thus transforming into a key for organisations to thrive amid cut-throat competition.
In the age of cut-throat competition even parents instruct their wards to top the class.
In the present era of cut-throat competition, only a learning organization could survive and able to achieve its desired targets in any particular field, he added.
They performed like a group of players who felt they needed to show their worth in the cut-throat competition for places that exists at St James' Park.
Figures show that more than PS4billion a year is generated from shops - good news for owners of small garages struggling against cut-throat competition from supermarket giants.
There is a cut-throat competition on going, between in-branch and branchless banking verification systems, in the market," Rafi said.
There have been global construction firms opening their branches in the UAE and we are working aggressively to capture our share despite the cut-throat competition.
Tesco - who employ 320,000 staff in the UK and 510,000 worldwide - have also been struggling against cut-throat competition as popular discount stores like Aldi and Lidl reduce the market share of all the major supermarkets.
However, it is not an easy role to be in, especially when faced with constant challenges such as low margins, cut-throat competition, dynamic technology trends, changing customer demands and market turbulence.
Claire loves skating, but when she is offered a once-in-a-lifetime chance to train at the Olympic Center, the cut-throat competition and hectic schedule make her question her future plans.