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Kobo has a price-matching guarantee. However, it's very specific and must be the exact same edition - unfortunately, this may result in books not qualifying because they're a slightly different "Kindle edition."
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I worried about this, since Amazon doesn't put complete edition information on their book pages (e.g., instead of an ISBN, Amazon provides an "ASIN"). You can't get a price match until after you buy the book at Kobo, and the refund is store credit, which raises the stakes a little.
Fortunately, so far, I haven't had any price match requests turned down. I make sure the cover and the descriptions match. I think Kobo is matching Amazon price minus 10%, so if the Amazon book is $1.99, Kobo will charge you $1.79.