3 ms·
No. Dumping is selling below the cost of production, with the intent of driving someone else out of a market. This is just normal price competition. It's a good
by Tuna-Fish 5y ago
No. Dumping is selling below the cost of production, with the intent of driving someone else out of a market. This is just normal price competition. It's a good thing.
- Apes 5y agoA monopoly becomes illegal when it negatively impacts consumers. If a company is able to lower costs to better compete with another company taking market share, wouldn't that imply that: 1. They had a defacto monopoly in the sector that allowed them to price above the fair market value. 2. They harmed consumers by pricing above fair market value.
- kinghajj 5y agoNo, it simply means that the market conditions changed. The price could very well have been a fair market value before, and still is a fair market value after; and the delta of these prices reflects the impact of the new conditions.