: excessive capacity for production or services in relation to demand
Example Sentences
The airlines are lowering their prices because of an overcapacity of seats.
Recent Examples on the WebSome analysts say China could someday add to potential overcapacity. Dan Strumpf, WSJ, 24 July 2022 One of the motives for the Belt and Road Initiative, for instance, was clearly an effort to stimulate greater Chinese growth by getting rid of overcapacity in certain sectors, basically exporting it to other countries.CBS News, 10 Aug. 2022 At its April 25 meeting, the board discussed the school replacement project, which will replace the overcapacity three-building school with a single building on the Wakefield campus in Bel Air. Tony Roberts, Baltimore Sun, 20 May 2022 Amazon executives said such criticism was misplaced since many of the decisions leading to Amazon’s overcapacity problem were made by Mr. Bezos and other senior leaders. Dana Mattioli, WSJ, 16 June 2022 At Baystate Medical Center in Springfield, Artenstein said patient volumes hit critical overcapacity levels in late May, causing backups in the emergency department. Globe Staff, BostonGlobe.com, 1 June 2022 Undisclosed contracts often also lead to overcapacity, which can undermine the financial viability of the entire system. Baker Institute, Forbes, 1 June 2022 But deindustrialization is an international trend, with overcapacity affecting even those working in, for example, China or the Global South. Jane Hu, The New Yorker, 18 May 2022 While trying where feasible to make China live up to pledges, the administration also is focusing on areas where Chinese actions pose a strategic threat, such as overcapacity in steel and intellectual-property theft, Deese said. Eric Martin, Bloomberg.com, 8 Feb. 2022 See More