group boycott

Definition of "group boycott"
  1. A collective decision by competitors not to engage with a particular business unless it stops transacting with a potential market entrant
How to use "group boycott" in a sentence
  1. The local merchants organized a group boycott against the supplier who was supporting a new store in the area.
  2. To prevent a new firm from gaining ground, the existing companies initiated a group boycott against any distributor involved with it.
  3. The industry leaders enforced a group boycott, pressuring financiers not to invest in the newly formed startup.

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