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LSDefine

Simple English definitions for legal terms

price war

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A quick definition of price war:

Price war: A time when companies keep lowering their prices to try and beat their competitors or make them go out of business.

A more thorough explanation:

A price war is a situation where companies in the same industry, especially retailers, engage in a period of sustained or repeated price-cutting. The goal is to undercut competitors and gain a larger market share. This can lead to a decrease in profits for all companies involved and can even force some out of business.

One example of a price war is the competition between airlines. Airlines often lower their prices to attract more customers, but this can lead to a decrease in profits for all airlines involved. Another example is the competition between grocery stores. If one store lowers their prices, other stores may follow suit, leading to a decrease in profits for all stores involved.

Price wars can be harmful to businesses and consumers in the long run. While consumers may benefit from lower prices in the short term, the decrease in profits can lead to lower quality products and services, as well as fewer options in the market.

price support | priest–penitent privilege

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13:37
yak you will be fucking shit up at cornell this time next year dw
i love u
13:38
love you too bby
glovediedthisishismom
13:42
what if desantis appoints lara trump and matt gaetz to be floridas senators
Dkk
13:42
Sounds good to me
HopefullyInLawSchool
13:43
@glovediedthisishismom: What if he appoint Ym instead?
HELP
every damn opportunity
13:47
do schools straight reject people from ed or to they always ed-rd if its a no for ED?
HopefullyInLawSchool
13:48
Some schools rject
13:49
Thanks! I couldn't find any reddit thread about it lol
13:49
but just means now I have to wait for the rejection from Davis
glovediedthisishismom
13:53
i just wanna rock
glovediedthisishismom
13:53
bodyadaya
13:53
let it rock
14:17
How are the vibes heading into thanksgiving yall?
HopefullyInLawSchool
14:17
@Law-Guy Im feeling kinda happy I applied YM to UCI hoping it helps (:
Wanna give some head
soap
14:18
Cornell
14:19
@HopefullyinLawSchool What's YM?
14:19
oh no
HopefullyInLawSchool
14:19
you mom
WorthlessAttractiveZombie
14:19
Ouch
HopefullyInLawSchool
14:19
your*
14:19
I fear I realized too late
babycat
14:20
another victim claimed
concorde
14:22
pwned
14:22
Might have to send in addendums for that
Dkk
14:26
No wave, so sad.
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