Árháborúk

Árháborúk, often translated as "price wars," refers to a competitive marketing strategy where companies, typically in the same industry, aggressively lower their prices to gain market share. This intense competition can lead to a rapid and significant decrease in prices for consumers, often making products and services more affordable. However, this strategy can also be detrimental to businesses involved, as it erodes profit margins and can lead to financial instability.

Price wars are commonly observed in industries with high competition and low product differentiation, such as retail, telecommunications, and airlines. Companies may initiate a price war to attract new customers, to respond to a competitor's aggressive pricing, or to clear excess inventory. The goal is usually to undercut rivals and capture a larger portion of the market.

While consumers often benefit from lower prices during a price war, the long-term effects can be mixed. Sustained price wars can lead to a decline in product quality if companies cut costs excessively. It can also drive smaller businesses out of the market, potentially reducing consumer choice in the future. For the businesses engaged, a price war can be a risky gambit, potentially leading to a downward spiral of profits with no clear winner. Some companies may strategically engage in price wars with the intention of forcing weaker competitors out of the market, thereby consolidating their own position.