destructive competition

Cultural  

1. Competition that forces several producers out of the market. Destructive competition usually occurs when there are so many producers of a product that prices are driven down to the point where no one makes a profit. It can also happen if a single producer is significantly wealthier than other producers and can afford to cut prices drastically until the other producers are driven out of business.

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Example Sentences

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destructive competition

But the current rules and structure of the awards, he contends in Losing the Nobel Prize, foster ferocious and sometimes destructive competition for scarce research resources.

From Nature ● Apr. 15, 2018

Their imitation of those desires, which he termed mimesis, is imitated by others in turn, leading to escalating and often destructive competition.

From New York Times ● Nov. 10, 2015

Would you be able, singly or in groups, to screw the slash-and-grab economy so badly that you forced it into a transition state beyond destructive competition?

From Forbes ● Dec. 8, 2013

Like most of its neighbours Guinea has a history of violence, weak governance, poverty and destructive competition for natural resources.

From Economist ● Mar. 17, 2011

In journalism I criticised Mr. Max Müller, and I admit that, when comparing the mutually destructive competition of varying etymologies, I did not abstain from the weapons of irony and badinage. 

From Modern Mythology by Lang, Andrew