What does predatory pricing mean?
Definitions for predatory pricing
preda·tory pric·ing
This dictionary definitions page includes all the possible meanings, example usage and translations of the word predatory pricing.
Wiktionary
predatory pricingnoun
A strategy of selling a good or service at a very low price so as to drive one's competitors out of business (at which point one can raise one's prices more freely).
Wikidata
Predatory pricing
In business and economics, predatory pricing is the practice of selling a product or service at a very low price, intending to drive competitors out of the market, or create barriers to entry for potential new competitors. If competitors or potential competitors cannot sustain equal or lower prices without losing money, they go out of business or choose not to enter the business. The predatory merchant then has fewer competitors or is even a de facto monopoly. In many countries predatory pricing is considered anti-competitive and is illegal under competition laws. It is usually difficult to prove that prices dropped because of deliberate predatory pricing rather than legitimate price competition. In any case, competitors may be driven out of the market before the case is ever heard.
Numerology
Chaldean Numerology
The numerical value of predatory pricing in Chaldean Numerology is: 3
Pythagorean Numerology
The numerical value of predatory pricing in Pythagorean Numerology is: 9
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"predatory pricing." Definitions.net. STANDS4 LLC, 2024. Web. 18 Nov. 2024. <https://www.definitions.net/definition/predatory+pricing>.
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