When the production capacity of enterprises expands faster than the speed of the expansion of market capacity, the competition among enterprises will become price competition.

而当企业生产能力的扩大速度超过市场容量的扩大速度时，这时企业之间的竞争方式就变为价格竞争。

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But at present, the lift industry has appeared the situation of excess production capacity, thus leading to the malignant competition emerge in an endless stream.

但是目前，升降机行业已经出现了产能过剩局面，因此导致恶性竞争层出不穷。

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Meanwhile, with the adverse surplus of metallurgical production capacity and severe competition of the market, it will be a great challenge for NC Corporation.

同时，面临着冶金产能严重过剩，市场竞争日趋激烈，对南钢公司将是一个严重的挑战。

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Producers avoided price competition by controlling their production capacity.

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The high capital depreciation of this equipment must be offset by running it at full capacity, so rather than cut production the market participants lower prices to entice customers away from their competition, creating a downward price spiral.

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