Only 5% reported that they started it on purpose.
And 7% said that they started it accidentally.
It seems highly probable that many of the 88% actually started the price war without realizing it …. or maybe are in denial.
Have you ever started a price war by mistake?
Presented at the Professional Pricing Society Conference in May 2015 by Prof. Dr. Dr. h.c. mult. Hermann Simon (Source: Simon-Kucher & Partners Global Pricing Study 2014)