Predatory pricing is the attempt to eliminate rivals by undercutting their prices to the extent that their competitors lose money and go out of business.

Question

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Predatory pricing is a strategy that involves undercutting competitors' prices significantly enough to force them out of business. It is considered a violation of competition laws in many regions because it harms competition in the long run.

Predatory Pricing Is the Attempt to Eliminate Rivals by Undercutting