race to the bottom
noun[S]
disapprovingukusasituationin whichcompaniescompetewith each other toreducecostsbypayingthelowestwagesor givingworkerstheworstconditions:
Theywantedtostopa "raceto thebottom" ofautocompaniesoutsourcingworktonon-unionworkersandmovingoperationsoverseas.