If a company practises predatory pricing, it charges a much lower price for its products or services than its competitors in order to force them out of the market.
[business]
Predatory pricing by large supermarkets was threatening the livelihood of smallerbusinesses.
predatory pricing in British English
noun
business
offering goods or services at such a low price that competitors are forced out of the market
predatory pricing in Retail
(prɛdətɔri praɪsɪŋ)
noun
(Retail: Pricing)
Predatory pricing is the practice of offering goods or services at such a low price that competitorsare forced out of the market.
Selling below cost to sell off excess inventory is not considered predatory pricing; selling below cost to drive out competitors is.
Mistaking competitive pricing for predatory pricing could inhibit healthy price competition.
Predatory pricing is the practice of offering goods or services at such a low price that competitorsare forced out of the market.