consumer strike

American  

noun

1. a boycott of a product by consumers, often in protest over a raise in its price.

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Example Sentences

In the upscale neighborhood of Kolonaki, where much of the Athenian elite live and shop, stores selling luxury goods are shutting down left and right, the result of a Greek consumer strike that includes not just the lower and middle tiers of the economy but its highest as well.

From New York Times

In the upscale neighborhood of  Kolonaki, where much of the Athenian elite live and shop, flashy clothes and luxury shops are shutting down left and right, the result of a Greek consumer strike that includes not just the lower and middle tiers of the economy but its highest as well.

From New York Times