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Discover LudwigThe phrase "cost competition" is correct and can be used in written English.
It refers to the competition between companies or businesses in terms of the prices of their products or services. It can also refer to the efforts made by companies to reduce their costs in order to stay competitive in the market. Example: The cost competition in the smartphone industry has led to a decrease in prices and an increase in features to attract customers.
Exact(19)
Cost competition just matters much more at the state level.
Further shrinkage would end design and cost competition, which could bloat future defense budgets and damage military effectiveness.
When it comes to pricing, a lot of people base it off of cost, competition, or customer valuation.
That's why competition in the soda business has centered so often on advertising and distribution, and so rarely on cost competition or on innovation in the product itself.
"If Mylan engaged in anti-competitive business practices, or violated antitrust laws with the intent and effect of limiting lower cost competition, we will hold them accountable.
The rapid emergence of biosimilars is transforming cost competition in the biopharma industry, driving trends toward smaller, flexible single-use facilities and continuous biomanufacturing.
Similar(41)
And China is providing formidable low-cost competition.
Lower-cost competition from abroad is eating into the country's bread and butter, the electronics business.
Since other carriers often price their fares based on low-cost competition, it's worth checking around.
It is estimated that low-cost competition exists on 70% of American routes.
And he said he often encountered resentment from co-workers who consider him low-cost competition.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com