price leadershipn.
/ˈprʌɪs ˌliːdəʃɪp/, U.S. /ˈpraɪs ˌlidərˌʃɪp/ Originally U.S.
The action of a price leader. Cf. price leader n.
ΚΠ
1918 Atlanta (Georgia) Constit. 24 Feb. d9/1 Chandler value, the intrinsic worth of the car, was never greater than today. And Chandler price leadership was never more distinctive.
1936 A. R. Burns Decline of Competition iii. 76 Price leadership exists when the price at which most of the units in an industry offer to sell is determined by adopting the price announced by one of their number.
1995 Canad. Jrnl. Econ. 28 380 Price-leadership games have a first mover and are therefore pseudo dynamic.
This entry has been updated (OED Third Edition, March 2007; most recently modified version published online March 2022).
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n.1918