"Predatory pricing" refers to a tactic used by businesses to set their prices artificially low in order to eliminate or weaken competitors. It's like when a bigger animal hunts down smaller ones by offering prices so low that smaller businesses cannot compete and are forced to shut down.
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«predatory»
«pricing»
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Sentences with «predatory pricing»
- Provided it does not constitute predatory pricing, a retail price cut should not be discouraged. (australiancompetitionlaw.org)
- Once a large company has spent its capital to fund predatory pricing and drive its competitors out of business, there's no reason to keep selling for cheap. (salon.com)
- It does so by employing the most blatant forms of predatory pricing to destroy its retail competitors. (darcypattison.com)
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