predatory pricing |
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Definition
Practice of temporarily selling below survival prices or giving goods away (as in software industry) to undermine or eliminate the existing competition. Predatory pricing is an abuse of dominant position, and is illegal in several countries. Compare with preemptory pricing.
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predatory pricing is in the Advertising, Marketing, & Sales subject.
predatory pricing appears in the definitions of the following terms: fair competition, preemptive pricing and cutthroat competition
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