Meat & Buns,a burger restaurant,recently announced plans to drop the price of its double cheese burger from $1.99 to just 99 cents in order to match its competitor's pricing.This is an example of a

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Dropping the price of a product to match or beat a competitor's pricing, especially in a significant manner, is a classic example of engaging in a price war. This strategy is often used to gain or protect market share by making one's product more attractive to consumers based on price.

Meat & Buns,a Burger Restaurant,recently Announced Plans to Drop the Price