race to the bottom - Wiktionary - bottom race

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race to the bottom (noun) definition and synonyms | Macmillan Dictionary bottom race


The race to the bottom is a socio-economic phrase to describe government deregulation of the business environment, or reduction in tax rates, in order to attract.

The race to the bottom refers to a competitive state where a company, state or nation attempts to undercut the competition's prices by sacrificing.

race to the bottom definition: a situation in which companies compete with each other to reduce costs by paying the lowest wages. Learn more.