Predatory pricing exists whenever consumers in different countries are charged different prices for the same product,or for slightly different variations of the product.

Question

Quizplus · Accepted Answer

Predatory pricing refers to the practice of setting prices low in an attempt to eliminate the competition, not to charging different prices in different markets. The latter is known as price discrimination or international pricing strategy.

Predatory Pricing Exists Whenever Consumers in Different Countries Are Charged