Word: undercutting
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...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...
...hearts intertwined. For 3,000 standard items, Exchange Service sets a top price for P-X wholesale buying, thus does a big job of chain procurement. For the rest, the price is up to the local exchange officer. With his low markup, he knows that he will not be undercut by outside retail competition. His customers know...
...Colonel's new efforts to prove that his isolationist heart is in the right place. He enlisted noisily in the "Smokes for Yanks" campaign, thereby inspiring Col. Frank Knox's Daily News to its best cartoon of the year. Few days later the Colonel sought to undercut a more serious criticism. In a long letter to the London Daily Sketch's Lord Kemsley "on America's place in world affairs" McCormick wrote: "If it were necessary, and I write this after mature consideration, I believe that many Americans would volunteer to aid you in arms...