Word: undercutting
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Dates: during 1940-1949
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Heretofore Russia has avoided such a stand like the plague; now Russia was on the record with a statement that undercut her super-sovereign interpretation of her UNO Security Council veto power...
Here & Now. Whatever the President's pronouncement meant for the future, it had very definite results on the present. It undercut General Motors' contention that profits had nothing to do with the current wage negotiations. It was a sharp threat to the oil industry, where another fact-finding panel is at work...
...independents with no foreign properties are mainly interested in keeping foreign oil out of U.S. markets. This interest includes the fear that cheap Middle Eastern oil might undercut South American oil markets in Europe and drive that oil (also cheaper than most U.S. production) into...
...about "all American transportation interests." The U.S. air is already thunderous with rumors that Pan Am has been trying to freeze out other airlines by making a separate postwar peace with the railroads-which are now barred by law from flying. But Trippe's second point seemed to undercut suspicions about his first, for he had now said that the chosen instrument should be much bigger than...
...source for bootleggers, OPA has just about dried up the stolen-coupon pool. OPA hopes that the new requirements for ODT approval of truck and taxi mileage will undercut the other big source - commercial operators who get more than they really need, "lose" ration books etc. Boot leg coupons are usually sold (for 3-5? a gallon) to gas stations which pass the gas on to unwitting joyriders as a "favor" (at a 100-200% markup over cost...