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TradeBriefs Editorial

From the Editor's Desk

How to Fight a Price War

Price wars—retaliatory cuts in prices to win customers—can devastate managers, companies, even entire industries. Yet they’re increasingly common in electronic and traditional commerce. Witness the great price battle of 1999 in the long-distance phone industry: after the dust cleared, AT&T, MCI, and Sprint all saw their stock prices dip by as much as 5%.

To survive a price war unscathed, you need weapons other than price cuts. Emphasize your product’s quality, for example, or superior service. This article outlines both non-price and price tactics that let you walk away with the spoils of war.

Continued here

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What a government shutdown would mean for Medicare beneficiaries    
What a government shutdown would mean for Medicare beneficiaries
© 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.


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Apple may be quiet on AI, but it’s also the biggest buyer of AI companies    
Apple may be quiet on AI, but it’s also the biggest buyer of AI companies
Apple’s style is a contrast with that of Microsoft and Google who have been very public about AI products but more conservative in acquisitions. M&A has proven difficult given increased antitrust scrutiny, so these companies find ways to work with startups rather than buying them outright, Brendan Burke, an analyst at PitchBook, told Quartz. Just this week, Amazon said it will invest up to $4 billion into Anthropic, the maker of the AI chatbot Claude. The pairing of a big tech company with an AI startup echoes Microsoft’s relationship with OpenAI.


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Sen. Cory Booker, more than a dozen other Democratic senators call on Menendez to quit due to bribery indictment    
Sen. Cory Booker, more than a dozen other Democratic senators call on Menendez to quit due to bribery indictment
Prosecutors said that during a raid last year on Menendez\'s New Jersey home and a safe deposit box, federal agents found more than $480,000 in cash, scores of gold bars and a luxury vehicle that were the \"fruits of [the couple\'s] corrupt bribery agreement\" with three New Jersey businessmen.


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UPS to hire 100,000 holiday workers with Teamsters pay bump    
UPS to hire 100,000 holiday workers with Teamsters pay bump
\"We\'re proud to offer industry-leading pay for UPS part-timers, full-timers and seasonal employees alike,\" Nando Cesarone, UPS\' executive vice president, said in the release. \"We\'re looking forward to delivering yet another leading on-time performance this holiday season and helping thousands of workers kick off their UPS careers in the process.\"


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Jamie Dimon says Americans are on an economic ‘sugar high’—and he’s urging clients to batten down the hatches and prepare for rates to hit 7%    
Jamie Dimon says Americans are on an economic ‘sugar high’—and he’s urging clients to batten down the hatches and prepare for rates to hit 7%
More from Fortune: 5 side hustles where you may earn over $20,000 per year—all while working from homeWant more for your money? These 14 savings accounts have rates of 5% APY (and higher)Buying a house? Here\'s how much to saveThis is how much money you need to earn annually to comfortably buy a $600,000 home


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Notebooks, Pens and Bulletproof Backpacks: A New School Year in America    
Notebooks, Pens and Bulletproof Backpacks: A New School Year in America
Eli Saslow is a Pulitzer Prize winner and a writer at large for The Times. He travels the country to write in-depth stories about the impact of major national issues on individual lives. More about Eli Saslow


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Two Tickets to History Sell for Six Figures    
Two Tickets to History Sell for Six Figures
Based on old seating charts, the dress circle seats would have been across from Lincoln’s private box, potentially giving the occupants a view of the calamity or at least the aftermath, when Booth jumped onto the stage.


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2 Men Plead Guilty in Attack on Transgender Woman Who Was Later Found Dead    
2 Men Plead Guilty in Attack on Transgender Woman Who Was Later Found Dead
There were 44 transgender or gender nonconforming people killed across the United States in 2020, and six of them, including Ms. Negrón, were killed in Puerto Rico, according to the Human Rights Campaign, an advocacy group for L.G.B.T.Q. rights. Last year, at least 34 transgender or gender nonconforming people were killed across the United States, a vast majority of them Black, the Human Rights Campaign said in a report released in November.


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Mum's the bad word: Most big Menendez donors won't say if they will keep backing New Jersey senator    
Mum's the bad word: Most big Menendez donors won't say if they will keep backing New Jersey senator
Representatives for Comcast, AT&T, Blue Cross Blue Shield, Merck, General Atomics, Greenberg Traurig and Holtec International did not return requests for comment when asked if they would continue making donations to Menendez.


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Biden calls on Congress to fund government as Moody's and Wells Fargo warn of shutdown effects    
Biden calls on Congress to fund government as Moody's and Wells Fargo warn of shutdown effects
Moody\'s added, \"In particular, it would demonstrate the significant constraints that intensifying political polarization put on fiscal policymaking at a time of declining fiscal strength, driven by widening fiscal deficits and deteriorating debt affordability.\"


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Trump blasts special counsel's gag order request in federal election case     
Trump blasts special counsel's gag order request in federal election case
Garland made the appointment, which allowed the investigator to work with a degree of independence from the Department of Justice, in response to Trump\'s launch of his 2024 presidential campaign.


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Hunter Biden sues former Trump lawyer Rudy Giuliani over infamous laptop    
Hunter Biden sues former Trump lawyer Rudy Giuliani over infamous laptop
\"I\'m not surprised he\'s now falsely claiming his laptop hard drive was manipulated by Mayor Giuliani, considering the sordid material and potential evidence of crimes on that thing,\" Goodman said.


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Billionaire Moguls and a Trillion Trees    
Billionaire Moguls and a Trillion Trees
Our colleagues Hiroko Tabuchi and Blacki Migliozzi report that fracking wells have increased their water usage sevenfold since 2011, using up nearly 1.5 trillion gallons of water, as operators have adopted new techniques. These hydraulic fracturing mega-projects, called “monster fracks,” have become the industry norm.


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California Has Banned Book Bans, Bucking GOP Censorship Trend    
California Has Banned Book Bans, Bucking GOP Censorship Trend
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Taylor Swift Can’t Shake Off Her Fans’ Obsession Over Her Mystery Condiment At NFL Game    
Taylor Swift Can’t Shake Off Her Fans’ Obsession Over Her Mystery Condiment At NFL Game
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Julia Fox Opens Up About Sexless Relationship With Kanye West    
Julia Fox Opens Up About Sexless Relationship With Kanye West
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Tech CEO Found Dead In Baltimore Apartment With Blunt Force Trauma: Police    
Tech CEO Found Dead In Baltimore Apartment With Blunt Force Trauma: Police
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Julianne Moore’s New Movie Is A Wild Tale Inspired By Mary Kay Letourneau Scandal    
Julianne Moore’s New Movie Is A Wild Tale Inspired By Mary Kay Letourneau Scandal
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Olivia Wilde And Jason Sudeikis Reach Eye-Popping Settlement In Bitter Child Support Battle    
Olivia Wilde And Jason Sudeikis Reach Eye-Popping Settlement In Bitter Child Support Battle
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Keke Palmer Has A Hilarious Response To Question About Darius Jackson Relationship    
Keke Palmer Has A Hilarious Response To Question About Darius Jackson Relationship
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The Funniest Marriage Tweets To Get You Through This Week    
The Funniest Marriage Tweets To Get You Through This Week
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These 44%-Off Whitening Strips Perform Just As Well As Crest's, According To Reviewers    
These 44%-Off Whitening Strips Perform Just As Well As Crest's, According To Reviewers
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This Runway-Designed Down Jacket Is Likely To Sell Out — And It’s Less Than $100    
This Runway-Designed Down Jacket Is Likely To Sell Out — And It’s Less Than $100
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Do Republicans Always 'Lose' Government Shutdowns? Don’t Be So Sure, Polls Warn.    
Do Republicans Always 'Lose' Government Shutdowns? Don’t Be So Sure, Polls Warn.
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Donald Trump To Visit Nonunion Plant During Autoworker Strike    
Donald Trump To Visit Nonunion Plant During Autoworker Strike
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'I Was Pretty Blunt': Howard Stern Says Bill Maher Phoned Him About Their Feud    
'I Was Pretty Blunt': Howard Stern Says Bill Maher Phoned Him About Their Feud
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Watch Deion Sanders’ Son Shilo Spew Ugly Trash Talk At Oregon Before 42-6 Loss    
Watch Deion Sanders’ Son Shilo Spew Ugly Trash Talk At Oregon Before 42-6 Loss
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GOP Senator Mocked For Saying Bob Menendez Should NOT Resign    
GOP Senator Mocked For Saying Bob Menendez Should NOT Resign
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Canada's House Speaker Resigns After Honoring Man Who Fought With Nazis    
Canada's House Speaker Resigns After Honoring Man Who Fought With Nazis
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Senate Democrats Introduce Bill To Cancel School Lunch Debt Nationwide    
Senate Democrats Introduce Bill To Cancel School Lunch Debt Nationwide
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Keanu Reeves' Girlfriend, Alexandra Grant, Explains Magic Of 'Falling In Love As An Adult'    
Keanu Reeves' Girlfriend, Alexandra Grant, Explains Magic Of 'Falling In Love As An Adult'
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Barbara Corcoran, Others Flood Travis Kelce's Instagram After He Was Seen With Taylor Swift    
Barbara Corcoran, Others Flood Travis Kelce's Instagram After He Was Seen With Taylor Swift
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Amazon Sued By FTC, 17 States For Allegedly Inflating Prices, Overcharging Sellers    
Amazon Sued By FTC, 17 States For Allegedly Inflating Prices, Overcharging Sellers
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Hattie McDaniel's Oscar To Be Replaced After Over 5 Decades Missing    
Hattie McDaniel's Oscar To Be Replaced After Over 5 Decades Missing
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Rob Menendez Announces Reelection Bid Shortly After His Father's Indictment    
Rob Menendez Announces Reelection Bid Shortly After His Father's Indictment
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Police Investigating New Info In Ex-NFL Star's Death After Construction Accident    
Police Investigating New Info In Ex-NFL Star's Death After Construction Accident
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Ex-Prosecutor Explains How Cassidy Hutchinson Revelations Can Burn Trump    
Ex-Prosecutor Explains How Cassidy Hutchinson Revelations Can Burn Trump
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SoftBank-backed Improbable slashes losses by 85%, says pivot to the metaverse has paid off    
SoftBank-backed Improbable slashes losses by 85%, says pivot to the metaverse has paid off
The London-headquartered firm, one of Japanese tech investment giant SoftBank\'s biggest bets in Britain, was founded by Cambridge computer science students Narula and Rob Whitehead with the ambition of developing large-scale computer simulations and \"synthetic environments.\"


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Peloton co-founder and Chief Product Officer Tom Cortese is leaving the company    
Peloton co-founder and Chief Product Officer Tom Cortese is leaving the company
These days, subscription revenue is Peloton\'s primary revenue driver. Earlier this year, it announced a massive brand overhaul that elevated Peloton\'s subscription offerings and signaled the company is just as invested in its app as it is its hardware. 


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Biden stands with striking UAW autoworkers in Michigan, supports big pay raise    
Biden stands with striking UAW autoworkers in Michigan, supports big pay raise
In addition to seeking 40% hourly pay increases, autoworkers are asking for a reduced, 32-hour, workweek; a shift back to traditional pensions; the elimination of compensation tiers and restoration of cost-of-living adjustments; as well as other items including enhanced retiree, vacation and family leave benefits.


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Bitcoin miners beef up Texas operations ahead of extinction-level event, exclusive data shows    
Bitcoin miners beef up Texas operations ahead of extinction-level event, exclusive data shows
Meanwhile, the aggregate market cap of the 14 U.S.-listed miners tracked by the bank has plunged below $10 billion. Riot was the biggest loser in August, down 39%, while Bitdeer was the biggest winner, up 30%.


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Supreme Court rejects Alabama's bid to use congressional map with just one majority-Black district    
Supreme Court rejects Alabama's bid to use congressional map with just one majority-Black district
He also cited the court\'s decision in June to end the consideration of race in college admissions as an example of why a remedy for historical race discrimination that may have once been lawful and justified is no longer appropriate.


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Fast fashion is leaning into resale, but it may do little to reduce emissions, new study says    
Fast fashion is leaning into resale, but it may do little to reduce emissions, new study says
\"What the research is underpinning is that brands have to demonstrate meaningful investment into shifting their model,\" said Tait. \"When they\'re kind of skirting around the edges, by doing either a branded peer-to-peer site or working closely with a marketplace, they\'re not actually shifting their model. They\'re continuing to do the things that got their carbon emissions.\"


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'Taylor Swift: The Eras Tour' concert film set for global theatrical release    
'Taylor Swift: The Eras Tour' concert film set for global theatrical release
AMC reported that first-day ticket sales for Swift\'s film reached $26 million, a new record for the century-old company. Previously, the highest single-day ticket sales record was held by \"Spider-Man: No Way Home\" with $16.9 million.


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Today's graduates make almost $10,000 less than their parents, after adjusting for inflation    
Today's graduates make almost $10,000 less than their parents, after adjusting for inflation
Experts say sticking to a budget and having an emergency fund are key to staying afloat during the inevitable economic ups and downs. Most financial pros recommend having at least six months\' worth of expenses set aside, or more if you are the sole breadwinner in your family or in business for yourself.


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Eddie Cue counters antitrust complaint over Apple's search alliance with Google by saying there was no 'valid alternative'    
Eddie Cue counters antitrust complaint over Apple's search alliance with Google by saying there was no 'valid alternative'
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The S&P is heading below 3,000. Basic math (and a metric beloved by famed economist Robert Shiller) suggests it    
The S&P is heading below 3,000. Basic math (and a metric beloved by famed economist Robert Shiller) suggests it
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Target says rampant theft forcing it to close 9 stores and that worker and shopper safety is 'moving in the wrong direction'    
Target says rampant theft forcing it to close 9 stores and that worker and shopper safety is 'moving in the wrong direction'
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Fly with Delta frequently? Small business owners can score a solid welcome bonus and other perks with the Delta SkyMiles Gold Business Card    
Fly with Delta frequently? Small business owners can score a solid welcome bonus and other perks with the Delta SkyMiles Gold Business Card
© 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.


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Anthropic’s CEO says why he quit his job at OpenAI to start a competitor that just received billions from Amazon and Google    
Anthropic’s CEO says why he quit his job at OpenAI to start a competitor that just received billions from Amazon and Google
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The NFL may have wanted Taylor Swift for the Super Bowl halftime show. What they got instead was even better    
The NFL may have wanted Taylor Swift for the Super Bowl halftime show. What they got instead was even better
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The FTC’s case against Amazon could set a dangerous precedent–and benefit other retailers    
The FTC’s case against Amazon could set a dangerous precedent–and benefit other retailers
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Canada parliament speaker resigns after calling Ukrainian Nazi veteran a 'hero'    
Canada parliament speaker resigns after calling Ukrainian Nazi veteran a 'hero'
Friends of Simon Wiesenthal Center said in a statement the event had also "handed a propaganda victory to Russia, distracting from what was a momentously significant display of unity between Canada and Ukraine".


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Australia news live: Shorten praises Jacinta Allan as 'leader in her own right' ahead of vote to replace resigning Daniel Andrews as Victorian premier    
Australia news live: Shorten praises Jacinta Allan as 'leader in her own right' ahead of vote to replace resigning Daniel Andrews as Victorian premier
I know all the ministers of the Victorian government are focused principally about the best interests of Victoria so whilst the news was quite sudden, one thing I know in politics is that there's always a replacement for you.


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Australia's wealthiest 20% worth 90 times the country's poorest, new report reveals    
Australia's wealthiest 20% worth 90 times the country's poorest, new report reveals
These forms of wealth deliver substantial capital gains each year to individuals with the highest incomes. In 2019, $29bn in taxable capital gains was received by the highest 20% of individual taxpayers by income.


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Voice opponent Gary Johns at odds with Warren Mundine after labelling idea of Indigenous treaty 'evil'    
Voice opponent Gary Johns at odds with Warren Mundine after labelling idea of Indigenous treaty 'evil'
"I've got to do things with my own people in regard to these discussions about what happens on our land and how we get benefits and do things moving forward. And that's just a continuation of what's happening."


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Jacinta Allan expected to be anointed Victorian premier amid Labor factional fight    
Jacinta Allan expected to be anointed Victorian premier amid Labor factional fight
One Labor MP suggested it would be ideal for Allan to have an “ally” in the deputy position. They said the right could be offered an extra ministry and parliamentary secretary position, as well as a seat on cabinet’s expenditure review committee for such a trade-off.




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