e/Cutthroat competition

Information
has gloss	eng: Cut-throat competition, also known as destructive or ruinous competition, refers to situations when competition results in prices that do not chronically or for extended periods of time cover costs of production, particularly fixed costs. This may arise in secularly declining or "sick" industries with high levels of excess capacity or where frequent cyclical or random demand downturns are experienced. See also *Antitrust References
lexicalization	eng: Cut-throat competition
lexicalization	eng: Cutthroat competition
instance of	c/Competition

Meaning
German
has gloss	deu: Verdrängungswettbewerb bezeichnet das Bestreben eines marktbeherrschenden Unternehmens, durch eine Preispolitik unter Kosten (Dumping) den Marktzutritt anderer Unternehmen zu verhindern und Wettbewerber aus einem Markt zu drängen .
lexicalization	deu: Verdrängungswettbewerb
Chinese
has gloss	zho: 恶性竞争，又称破坏性竞争（英文：），经济学术语，是指市场中的竞争并非是长期或者稳健地遵循产品价值，而是由个别企业或竞争者利用价格的大量降低，导致部分行业经济的频繁周期性衰退。
lexicalization	zho: 恶性竞争