Examples of 'race to the bottom' in a sentence
Meaning of "race to the bottom"
Race to the bottom: Race to the bottom is a phrase often used to describe a competitive situation where parties, such as businesses or countries, engage in a relentless pursuit of cost-cutting measures or lowering standards in order to gain a comparative advantage. It suggests a scenario where entities strive to offer the lowest prices or the most minimalistic conditions, often at the expense of quality, worker rights, or environmental sustainability
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- A situation in which competition between governments leads to very excessive (harmful) deregulation.
- A situation in which competition between entities leads to elimination of perks or amenities, often in the interest of cutting costs.
- Any situation in which multiple parties are seemingly competing to achieve the greatest level of mediocrity.
How to use "race to the bottom" in a sentence
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race to the bottom
The race to the bottom must be halted.
No one wins the race to the bottom.
The race to the bottom has started.
Get out of the race to the bottom.
The race to the bottom is a serious risk.
Trade agreements are linked to a race to the bottom.
There is a race to the bottom as a result of globalization.
It does not have to be a race to the bottom either.
It is a race to the bottom and everyone loses.
This is essential to prevent a race to the bottom.
Race to the bottom is a race with no winner.
I do not want globalization to be a race to the bottom.
The race to the bottom engaged in by many.
Otherwise you get a race to the bottom.
Race to the bottom or regulatory chill.
See also
But competing on prices is a race to the bottom.
The race to the bottom is inevitable.
Then everything becomes a race to the bottom.
The race to the bottom never seems to end.
Sometimes it seems like it is a race to the bottom.
Stop the race to the bottom.
I think this directive will force a race to the bottom.
And now a race to the bottom.
A race to the bottom seems inevitable.
It does not lie in some race to the bottom.
It is a race to the bottom globally with central banks.
Welcome to the latest race to the bottom.
The race to the bottom is unforgiving and relentless.
And no one wins a race to the bottom.
And the race to the bottom has accelerated quickly.
That could trigger a race to the bottom.
It is race to the bottom there.
We do not have to engage in a race to the bottom.
The result is a race to the bottom for consumer protection.
Competing on price alone is a race to the bottom.
This race to the bottom will not end well.
This is the logic of a race to the bottom.
But the race to the bottom has really begun.
This is in no way a race to the bottom.
Both are on a race to the bottom in an industry they do not understand anymore.
This really is a race to the bottom.
The race to the bottom is not one you want to win.
This is where fears of a race to the bottom resurface.
A race to the bottom and going into a price war is a dumb idea.
But not a race to the bottom.
It is more a race to the top than a race to the bottom.
It quickly becomes a race to the bottom in terms of pricing.
I characterize the current world situation as a race to the bottom.
Leading the race to the bottom.
Main problem is that globalisation involves a race to the bottom.