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

Novo Nordisk also recently lost out to Pfizer in a bidding war to acquire an obesity-drug startup, Metsera.

From The Wall Street Journal

The bidding war that will reshape Hollywood and US media has drawn White House attention.

From Barron's

Discovery, deepening a bidding war with Netflix, a statement said on Monday.

From Barron's

Warner stock may have been lifted by the prospect of a bidding war between Paramount and Netflix, while the move in Netflix was muted because investors have decided that Warner isn’t a must-have for the streamer.

From Barron's

Discovery amid a bidding war for the company, prediction markets were notably quiet.

From Barron's