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"predatory pricing" So they're offering prices below cost and that is considered "predatory"? Last time I checked low prices are good for consumers
by sol_remmy 9y ago
"predatory pricing"
So they're offering prices below cost and that is considered "predatory"? Last time I checked low prices are good for consumers
- jfrankamp 9y agoIn the long run, higher prices for consumers. After the predatory prices have driven out competition.
- emodendroket 9y agoIt's predatory because it is below cost and is just intended to preserve a monopoly on a market. The goal is to eliminate all competitors, then charge a price that a competitive market couldn't sustain. The harder it is for new competitors to enter your market the better it works.