Definitions from Wiktionary (race to the bottom)
▸ noun: (economics) A situation in which competition between governments leads to very excessive (harmful) deregulation.
▸ noun: A situation in which competition between entities leads to elimination of perks or amenities, often in the interest of cutting costs.
▸ noun: Any situation in which multiple parties are seemingly competing to achieve the greatest level of mediocrity.
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▸ noun: (economics) A situation in which competition between governments leads to very excessive (harmful) deregulation.
▸ noun: A situation in which competition between entities leads to elimination of perks or amenities, often in the interest of cutting costs.
▸ noun: Any situation in which multiple parties are seemingly competing to achieve the greatest level of mediocrity.
Similar:
predatory pricing,
dumping,
price war,
protection,
currency war,
rent-seeking,
cartel,
contraction,
price-cutting,
giveback,
more...
Opposite:
▸ Words similar to race to the bottom
▸ Usage examples for race to the bottom
▸ Idioms related to race to the bottom
▸ Wikipedia articles (New!)
▸ Words that often appear near race to the bottom
▸ Rhymes of race to the bottom
▸ Invented words related to race to the bottom