"price war" meaning in English

{
  "forms": [
    {
      "form": "price wars",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "price war (plural price wars)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        {
          "kind": "other",
          "name": "English entries with incorrect language header",
          "parents": [
            "Entries with incorrect language header",
            "Entry maintenance"
          ],
          "source": "w"
        },
        {
          "kind": "topical",
          "langcode": "en",
          "name": "Economics",
          "orig": "en:Economics",
          "parents": [
            "Social sciences",
            "Sciences",
            "Society",
            "All topics",
            "Fundamental"
          ],
          "source": "w"
        },
        {
          "kind": "topical",
          "langcode": "en",
          "name": "War",
          "orig": "en:War",
          "parents": [
            "Conflict",
            "Military",
            "Violence",
            "Human behaviour",
            "Society",
            "Human",
            "All topics",
            "Fundamental"
          ],
          "source": "w"
        }
      ],
      "glosses": [
        "A situation where commercial competitors repeatedly undercut each other's prices in order to attract buyers."
      ],
      "id": "en-price_war-en-noun-7KDURd4R",
      "links": [
        [
          "commercial",
          "commercial"
        ],
        [
          "competitor",
          "competitor"
        ],
        [
          "undercut",
          "undercut"
        ],
        [
          "price",
          "price"
        ],
        [
          "buyer",
          "buyer"
        ]
      ],
      "related": [
        {
          "word": "bidding war"
        }
      ],
      "translations": [
        {
          "code": "cmn",
          "lang": "Chinese Mandarin",
          "sense": "repeated undercutting of prices",
          "word": "價格戰"
        },
        {
          "code": "cmn",
          "lang": "Chinese Mandarin",
          "roman": "jiàgézhàn",
          "sense": "repeated undercutting of prices",
          "word": "价格战"
        },
        {
          "code": "fi",
          "lang": "Finnish",
          "sense": "repeated undercutting of prices",
          "word": "hintakilpailu"
        },
        {
          "code": "nb",
          "lang": "Norwegian Bokmål",
          "sense": "repeated undercutting of prices",
          "tags": [
            "masculine"
          ],
          "word": "priskrig"
        },
        {
          "code": "nn",
          "lang": "Norwegian Nynorsk",
          "sense": "repeated undercutting of prices",
          "tags": [
            "masculine"
          ],
          "word": "priskrig"
        },
        {
          "code": "es",
          "lang": "Spanish",
          "sense": "repeated undercutting of prices",
          "tags": [
            "feminine"
          ],
          "word": "guerra de precios"
        },
        {
          "code": "sv",
          "lang": "Swedish",
          "sense": "repeated undercutting of prices",
          "tags": [
            "neuter"
          ],
          "word": "priskrig"
        }
      ]
    }
  ],
  "word": "price war"
}

{
  "forms": [
    {
      "form": "price wars",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "price war (plural price wars)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "related": [
    {
      "word": "bidding war"
    }
  ],
  "senses": [
    {
      "categories": [
        "English countable nouns",
        "English entries with incorrect language header",
        "English lemmas",
        "English multiword terms",
        "English nouns",
        "en:Economics",
        "en:War"
      ],
      "glosses": [
        "A situation where commercial competitors repeatedly undercut each other's prices in order to attract buyers."
      ],
      "links": [
        [
          "commercial",
          "commercial"
        ],
        [
          "competitor",
          "competitor"
        ],
        [
          "undercut",
          "undercut"
        ],
        [
          "price",
          "price"
        ],
        [
          "buyer",
          "buyer"
        ]
      ]
    }
  ],
  "translations": [
    {
      "code": "cmn",
      "lang": "Chinese Mandarin",
      "sense": "repeated undercutting of prices",
      "word": "價格戰"
    },
    {
      "code": "cmn",
      "lang": "Chinese Mandarin",
      "roman": "jiàgézhàn",
      "sense": "repeated undercutting of prices",
      "word": "价格战"
    },
    {
      "code": "fi",
      "lang": "Finnish",
      "sense": "repeated undercutting of prices",
      "word": "hintakilpailu"
    },
    {
      "code": "nb",
      "lang": "Norwegian Bokmål",
      "sense": "repeated undercutting of prices",
      "tags": [
        "masculine"
      ],
      "word": "priskrig"
    },
    {
      "code": "nn",
      "lang": "Norwegian Nynorsk",
      "sense": "repeated undercutting of prices",
      "tags": [
        "masculine"
      ],
      "word": "priskrig"
    },
    {
      "code": "es",
      "lang": "Spanish",
      "sense": "repeated undercutting of prices",
      "tags": [
        "feminine"
      ],
      "word": "guerra de precios"
    },
    {
      "code": "sv",
      "lang": "Swedish",
      "sense": "repeated undercutting of prices",
      "tags": [
        "neuter"
      ],
      "word": "priskrig"
    }
  ],
  "word": "price war"
}