Predatory pricing

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At a glance

Class

Notion

Domain

Science and technology

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What Wikipedia says

Predatory pricing, also known as price slashing, is a commercial pricing strategy which involves reducing the retail prices to a level lower than competitors to eliminate competition. Selling at lower prices than a competitor is known as undercutting.

Excerpt from the Wikipedia article “Predatory pricing”, under the CC BY-SA 4.0 license. Read the article on Wikipedia