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By being more exploitative, these rivals can more quickly come up with the money to invest in new technology, and soon their more modern operations will have the ability to undercut less hardnosed producers.
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For years, economists have been poring through job market statistics looking for evidence that immigrants undercut less-educated Americans in the labor market.
The report offered another reminder that the housing market was still sliding lower, despite reports of higher home sales and slight improvements in home construction, and it undercut less-negative reports on retail sales and consumer spending.
Trade unions in the United States no longer argue for a ban on immigration, realising that this is a lost cause: instead, they want to legalise the undocumented, who are much more likely to undercut their less-skilled members than are unionised legal immigrants.The effect on jobs depends partly on whether immigrants are complements to or substitutes for native labour.
Being a monopoly just gives you the ability to charge much higher prices than you otherwise would be able to because you don't have a competitor who can undercut you for less profit.
By discriminating less, it could undercut its blinkered rival.
Providing instant information can effectively undercut propaganda efforts by a less technologically sophisticated enemy.
The Illinois Coalition for Immigrant and Refugee Rights, a group in Chicago, is preparing rallies for mid-January with labor unions and African-American churches, hoping to persuade American workers that immigrants would be less likely to undercut wages if they had legal status and could participate openly in unions.
Last summer, Ms. Weymouth began discussing with people outside the paper her desire to replace Mr. Brauchli, less an attempt to undercut him than a rookie mistake of indiscretion.
Like other online retailers, drug dealers can undercut the high street by spending less on maintaining a physical presence and employing salesmen.
We were curious if the new, less-expensive Tesla would undercut sales of Model S and X models, which sport higher prices tags.
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