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Word: undercutting (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
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Usage:

...explains, "is like with my air-conditioners, say, The list price represents a 46 per cent profit. I'll take a 20 per cent commission. This leaves 26 per cent to play around with." This would go both into private pockets and to lowering prices so as to undercut competitors...

Author: By Fred Branfman, | Title: An American Businessman in Cambodia | 1/8/1971 | See Source »

...long had a monopoly on many of the goods coming into Cambodia. Severs hopes to work around them, however, with the help of the American Embassy. He says that as a virtual monopoly they have been charging exorbitant prices for years, and that he will be able to undercut them. "I can sell the same can of milk for which they've been getting 18 riels for 6 riels," he explains...

Author: By Fred Branfman, | Title: An American Businessman in Cambodia | 1/8/1971 | See Source »

Arrayed alongside this unusual trio -and occasionally against it-was Paul Fitzgerald, 33, assigned by the public defender's office and one of its best men. Although he was the unofficial leader of the umbrella defense, Fitzgerald was often undercut by his colleagues as well as the defendants. He usually cross-examined prosecution witnesses first, then had to watch in agony while Hughes and Kanarek clumsily plowed his points under. Kanarek in particular sometimes left a prosecution witness sounding more impressive than when he started. With bitter frustration, Fitzgerald said, "It's like living in a concentration camp...

Author: /time Magazine | Title: The Law: Manson's Shattered Defense | 11/30/1970 | See Source »

...most cherished principles: that all member brokers must charge the same commissions on stock trades. The rule originated in 1792, when 24 brokers met under a buttonwood tree in downtown Manhattan to found the organization that later became the exchange. They agreed, among other things, not to try to undercut one another's commission rates. Ever since, the fixed-commission system has been generally viewed as essential to the Big Board's existence...

Author: /time Magazine | Title: Business: A New Campaign to Repave Wall Street | 11/30/1970 | See Source »

...United States has moved in Thailand very soon and very quickly. They want to undercut the thing before it begins. The preventive counterinsurgency efforts in Thailand are extremely intensive. The place is just flooded with anthropologists...

Author: NO WRITER ATTRIBUTED | Title: Noam Chomsky: Back from Vietnam | 11/30/1970 | See Source »

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