Price wars between firms • English Conversation Questions

What are price wars between firms and why do they occur?
What are some examples of price wars between well-known companies?
How do price wars affect consumers and their buying decisions?
What strategies do firms employ to gain an advantage in a price war?
What are the potential risks and drawbacks of engaging in a price war?
How do price wars impact the profitability and sustainability of companies involved?
What role does brand reputation play in price wars?
Are there any regulatory measures in place to prevent or control price wars?
How do price wars impact smaller or newer businesses in the market?
What are some alternative strategies firms can adopt to compete other than engaging in price wars?
Can price wars ever be beneficial for firms in the long run?