One of the mysteries of the English language finally explained.
A situation characterized by a progressive lowering or deterioration of standards, especially (in a business context) as a result of the pressure of competition.‘unsustainable tendering practices had created a race to the bottom among contractors’
- ‘He argued it's part of politics' race to the bottom to appeal to a dumbed-down notion of middle Australia.’
- ‘Merchants will end up competing with each other in a never-ending race to the bottom.’
- ‘Relentless cut-throat competition has driven nearly all retailers and fast-food chains into a race to the bottom.’
- ‘Mutual recognition could become a platform for a regulatory race to the bottom.’
- ‘Competitive means top-notch skillset, not a race to the bottom in wages.’
- ‘Their race to the bottom has resulted in the dirtiest per capita power generation in the country.’
- ‘With no incentive for self-regulation the result will always be a race to the bottom.’
- ‘We can't really compete in the race for the bottom, without our workers losing a lot.’
- ‘The consumer has lost, because in the race for the bottom, the consumer has no real choices.’
- ‘Retailers are engaged in a race to the bottom where customers are doubly compromised.’
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