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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'There's cut-throat competition in the forward slots and everybody is fighting for a place in the team.
Saga, founded in 1959, now makes most of its money from selling insurance and has been hit by cut-throat competition.
The review triggered a jump in Thomas Cook's share price yesterday, despite cut-throat competition leading to losses soaring by PS14m to PS60m in the final three months of last year.
The merger is expected to give breather to both debt-ridden firms Idea and Vodafone, from cut-throat competition in the market where margins have hit rock bottom with free voice calls.
The work environment here is characterised by cut-throat competition where colleagues seek to outdo each other, sometimes not for the good of the company but merely to satisfy their egos.
ISLAMABAD -- A cut-throat competition is expected in 21 constituencies of Karachi's five districts where 346 heavyweights are trying their luck to step in the political battlefield on July 25.
Instead of showing resistance, the candidates should prepare themselves for the cut-throat competition.
In today's world of cut-throat competition, Rastgar Air Compressors aims to keep its customers competitive through affording maximum uptime and minimum lifetime cost of CompAir compressors.
Cut-throat competition is expected between PPP nominee Abdul Bari Patafi, and Functional's Mian Mohsin.
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.