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By discriminating less, it could undercut its blinkered rival.
Some analysts have questioned the merits of the deal to Sainsbury as it could undercut its own ranges, although with the Netto stores based initially in the north of England where Sainsbury's is weak, the risk is reduced.
In effect, the British Government subsidized the East India Company so that it could undercut its competitors.
The danger for retailers is that if Wal-Mart significantly cuts prices before Christmas, its reach is such that it could undercut entire swaths of the retailing market by stealing market share or forcing involuntary price cuts by competitors.
If the government finds enough evidence to support such a case, which is likely to be a civil case, it could undercut S.& P.'s longstanding claim that its analysts act independently from business concerns.
But the visit is drawing criticism from lawmakers and former diplomats here and in the United States, who say it could undercut Western efforts to press Iran on its nuclear program, and consequently chill Brazil's relations with the United States and damage its growing reputation as a global power.
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The Councilman decision, if it stands, could undercut that argument.
But the partial shutdown of the American government, depending on how long it continues, could undercut demand from the United States, the euro zone's most important trading partner.
So budget agencies could undercut it.
Even as the tunnel was being dug, ferry firms ordered bigger and faster ships, confident that they could undercut it.
Mr. Lieberman criticized both Dr. Dean for opposing the war and Mr. Kerry for offering what he described as ambivalent support for it, saying that that could undercut the party next year.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com