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LSDefine

Simple English definitions for legal terms

Predatory pricing

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A quick definition of Predatory pricing:

Term: Predatory pricing

Definition: Predatory pricing is when a company sells their products or services at a price that is lower than their cost, with the intention of getting rid of their competitors and reducing competition in the market. This is not fair competition and can be illegal.

For more information on predatory pricing and other unfair business practices, see Antitrust laws.

A more thorough explanation:

Predatory pricing

Predatory pricing is when a company sets their prices below the cost of production in order to drive out competitors and reduce competition in the market. This is often done with the intention of gaining a monopoly or dominant market position.

One example of predatory pricing is when a large retail chain sets their prices so low that smaller, independent stores cannot compete and are forced to close. Another example is when a new company enters a market and sets their prices so low that established companies cannot compete and are forced out of business.

For instance, Amazon has been accused of predatory pricing in the past. They have been known to sell products at a loss in order to gain market share and drive out competitors. This has led to criticism from some who argue that Amazon's practices are anti-competitive and harmful to small businesses.

Predatory pricing is a strategy used by companies to eliminate competition and gain market power. By setting prices below the cost of production, companies can force their competitors out of business and gain a larger share of the market. This can be harmful to consumers in the long run, as it can lead to higher prices and reduced choice. It is important for regulators to monitor markets and prevent companies from engaging in anti-competitive practices like predatory pricing.

predatory lending | predecease

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babycat
9:56
it’s illegal to make you work on a snow day
BulbasaurNoLikeCardio
9:57
Free feet pics sounds like you saved some money
snow
9:59
wish it was snowing in texas rn
Dkk
9:59
Man, hate this conversation cus it just reminds me of the gay guy that used to always ask me for them.
BulbasaurNoLikeCardio
9:59
That cold snap that hit texas is heaven though, opening windows in the house and using the fireplace
snow
10:00
it really is bulb. it was hot as hell for the longest time
BulbasaurNoLikeCardio
10:00
@Dkk: You could of made so much money
that sounds heavenly
babycat
10:00
Aw Dkk has trauma from the gay guy who wanted to fuck his arches
snow
10:00
lmaooooo
BulbasaurNoLikeCardio
10:00
@snow: winter is tattoo season and since that cold snap hit I got one done and have three sessions scheduled lol I love the cold
snow
10:00
whys that?? you're lowkey inspiring me now
snow
10:01
ive been wanting a thigh tat for so long
snow
10:01
or maybe something on my knee, but i heard thats hella painful
Dkk
10:01
I wouldn't say trauma, the trauma would probably come from seeing my friends head get crushed by an LTV and feeling the bag of glass that was his skull in my hands. Or knowing a kid I mentored shot himself with a bullet he used to keep around his neck that I allowed him to have illegally.
Dkk
10:01
Feet shit though, just annoying.
dkk that is heavy stuff
snow
10:01
jesus dk
BulbasaurNoLikeCardio
10:01
Winter is tattoo season because you are less likely to be in the sun exposing the healng tattoos, you dont go swimming or tanning in winter either so you don't miss out on the fun stuff of summer
Guys
Do u think I will hear from au today
snow
10:02
homely i hope we do!
Yes is the only correct answer ty
Dkk
10:02
Lmfao, it's just part of life in the military. Couple years ago a guy I knew got crushed by a tree. Is what it is.
snow
10:02
@BulbasaurNoLikeCardio: thats smart. i dont know anything about tattoo care lol
babycat
10:02
Also piercings are better to get in the winter
snow
10:02
dk i feel like you would do great in criminal defense
soap
10:02
you good Dk?
snow
10:03
i got my nose pierced last thanksgiving and it got infected @babycat
Dkk
10:03
Probably could just shock the jury into sideing with me lol
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