To prevent its competitors from obtaining sufficient supplies to make their products,Molded Plastics,Inc. ,uses its market power to increase the prices of those supplies.This is
A)a refusal to deal.
B)business acumen.
C)predatory bidding.
D)predatory pricing.

Question

Quizplus · Accepted Answer

Predatory bidding involves using market power to bid up the prices of supplies, making it difficult for competitors to afford them.

To Prevent Its Competitors from Obtaining Sufficient Supplies to Make