bidding war

American  

[bid-ing-wawr] / ˈbɪd ɪŋ wɔr /

noun

1. a competition in which two or more potential buyers make increasing offers to buy the same thing.

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Example Sentences

One TV contract means a bidding war—part of the schedule might go to streamers Apple, Amazon, Paramount—and the numbers go up.

From The Wall Street Journal

The bidding war for his services means that whatever Kiffin chooses, he looks set to finish this week as the highest-paid coach in college football history.

From The Wall Street Journal

Novo Nordisk’s challenges have prompted a leadership shake-up and layoffs, and the company recently lost a bidding war for an obesity-drug startup, Metsera.

From The Wall Street Journal

Novo Nordisk recently lowered its growth outlook for Ozempic and Wegovy, and withdrew from a bidding war with Pfizer for U.S. obesity-drug developer Metsera.

From The Wall Street Journal

After an electric 20-minute bidding war, Barker brought his hammer down to an eruption of applause.

From The Wall Street Journal