a situation in which companies and countries compete with each other to produce goods as cheaply as possible by paying low wages and giving workers poor conditions and few rights逐底竞争(企业或国家通过降低工资、劳动条件和工人权利以尽可能降低生产成本的竞争)
They are caught in the cheap food syndrome, the race to the bottom, the chase for the lowest cost of production globally. 他们陷入了廉价食品综合症,竞相杀入谷底,追逐全球最低的生产成本。