to prevent sb / sth from continuing to do sth or be in business; to get sth by putting pressure on sb, threatening them, etc.
squeeze sb / sth out (of sth)
to prevent sb / sth from continuing to do sth or be in business
Supermarkets are squeezing out small shops.
squeeze sth out of / from sb
to get sth by putting pressure on sb, threatening them, etc.
to squeeze a confession from a suspect
Definitions from the Oxford Advanced Learner's Dictionary, 9th edition