Eating Someone's Lunch
Aggressive competition that results in one company taking portions of another company's market share. Investopedia Says:
A more aggressive company "eats the lunch" of another company when it takes some of its competitor's market share. This can be achieved through the implementation of a better product, an aggressive pricing strategy, or other competitive advantages. Related Terms:
Absolute Advantage
Comparative Advantage
Competitive Advantage
Dog Eat Dog
First Mover |