Verdrängungswettbewerb

German

Etymology

Verdrängung (displacement/suppression) +‎ -s- (genitival interfix) +‎ Wettbewerb (competition)

Pronunciation

  • IPA(key): [fɛɐ̯ˈdʁɛŋʊŋsvɛtbeˌvɛʁp]
  • Hyphenation: Ver‧dräng‧ungs‧wett‧be‧werb

Noun

Verdrängungswettbewerb m (strong, genitive Verdrängungswettbewerbs, plural Verdrängungswettbewerbe)

  1. (economics, business) cutthroat competition, predatory competition (a market situation, often in saturated markets, where growth can only be achieved by taking market share away from competitors)
    Im deutschen Lebensmitteleinzelhandel herrscht ein harter Verdrängungswettbewerb.
    In the German food retail sector, there is intense cutthroat competition.
    Ein Verdrängungswettbewerb führt oft zu sinkenden Preisen für die Konsumenten, aber auch zu geringeren Margen für die Unternehmen.
    Predatory competition often leads to falling prices for consumers, but also to lower margins for companies.

Declension

Synonyms

  • Preiskrieg (price war; often a tool of predatory competition)
  • Konkurrenzkampf (general competition, but often implying intensity)

Antonyms

  • Marktwachstum (market growth; where all participants can grow simultaneously)
  • Kooperation (cooperation; the opposite of aggressive displacement)

Coordinate terms

  • Marktsättigung (market saturation; the condition that often triggers displacement strategies)
  • Marktanteil (market share; the "prize" in this type of competition)
  • Monopolbildung (monopolization; the potential end result if one competitor succeeds in displacing all others)
  • Dumping (selling below cost to drive out competitors)

References