Meaning of かかくきょうそう in Japanese

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Definition of かかくきょうそう

かかくきょうそう(kakakukyousou) 【価格競争】

(n) price competition
この価格では、貴社の製品は日本市場での価格競争に勝てないでしょう。
With this price, your product would not be competitive in the Japanese market.