race to the bottom
Definitions
- 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.
CEFR level
C2
Mastery
This word is part of the CEFR C2 vocabulary — mastery level.
This word is part of the CEFR C2 vocabulary — mastery level.
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