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So far, only Senegal and Uganda are close to deep price cuts.
"Faced with lower than expected sales, the major retailers resorted to deep price discounting," he said.
Complaints about the accuracy of designs are often followed by demands from buyers for further deep price reductions.
For almost a decade GM has sustained its sales volumes only by offering deep price discounts that eat into its already weak profit margins.
The worry is that Tesco is about to spoil everything with deep price cuts – starting on Thursday – that rivals will be obliged to match.
Deep price cuts on its GameCube -- down to $99 from about $149 helped Nintendo edge out the Microsoft Xbox, moving into second place behind the Sony PlayStation2.
Similar(28)
After nine quarters of giving up ground to A.M.D. in the overall microprocessor market, Intel has been striking back, starting with deep price-cutting earlier this year that has eaten into demand for A.M.D.'s chips.
There's a man who makes wooden plant dibbers for them, another who supplies stoneware jars, a different potter who throws traditional clay pots, usefully deep (priced from £9.50 to £14.50 depending on size).
This added to a chronic problem of overcapacity, which, in turn, encouraged a reliance on deep pricing discounts and marketing gimmicks (such as zero-per-cent financing) that moved inventory but lost money.
And there's a deeper price we pay.
Microsoft is making its deepest price cut, 54.5percentt, in its software for the academic market, Mr. Chen said.
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CEO of Professional Science Editing for Scientists @ prosciediting.com