Predatory pricing may be implicit (through discounts or rebates, for example), or explicit.” Is predatory pricing bad for consumers? Its success in the price war serves as a warning to any other commercial enterprise thinking of breaking into its market.Canada’s Competition Bureau defines predatory pricing (‘predatory conduct’) as follows:“Predatory conduct involves a firm deliberately setting the price of a product(s) below an appropriate measure of cost to incur losses on the sale of product(s) in the relevant market(s) for a period of time sufficient to eliminate, discipline, or deter entry or expansion of a competitor, in the expectation that the firm will thereafter recoup its losses by charging higher prices than would have prevailed in the absence of the impugned conduct. The word in the example sentence does not match the entry word. A cartel is an organization created between a group of producers of a good or service to regulate supply in order to manipulate prices.

How have you managed to continue for so long”“I buy it from the supermarket and sell it at cost. {{#verifyErrors}} The Robinson-Patman Act is a federal law passed in 1936 to outlaw price discrimination. Living or characterized by preying on other animals: a predatory insect; predatory instincts.

It will lead to abnormally-high prices in the long term as well as a lack of choice.However, predatory pricing should not be confused with a fiercely-competitive market. predatory pricing definition: 1. a situation in which a company offers goods at such a low price that other companies cannot….

predatory synonyms, predatory pronunciation, predatory translation, English dictionary definition of predatory. Predatory pricing occurs when a firm sells a good or service at a price below cost (or very cheaply) with the intention of forcing rival firms out of business.

From the The word in the example sentence does not match the entry word. Thanks! English Definition: Predatory pricing is a deliberate strategy, usually by a dominant firm, of driving competitors out of the market by setting very low prices or selling below the firm’s incremental costs of producing the output (often equated for practical purposes with average variable costs). The sentence contains offensive content. The public policy implications of the threat of Predatory pricing could be a method to deal with new firms who enter an industry.

From the He went up to the owner of the small store and asked:“You clearly cannot buy that product in large quantities, like the supermarket can. Predatory Dumping: A type of anti-competitive event in which foreign companies or governments price their products below market values in an …

)Collins English Dictionary - Complete & Unabridged 2012 Digital Edition In this case, cross-subsidization is merely a means for financing It seeks to outlaw From the This study should also address the need to strengthen competition policy instruments to prevent From the From the © 2020 - Market Business News. Predatory pricing may be implicit (through discounts or rebates, for example), or explicit.”If predatory pricing – a price war – eventually results in competitors being kicked out and an increase in monopoly power, that is bad for the consumer. Contains Parliamentary information licensed under the The practice of injuring or exploiting others for personal gain or profit, including predatory pricing practices. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.

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Predatory pricing is followed for a period that is considered sufficient to deter or eliminate expansion plans or new entry into the market.

A duopoly is a situation where two companies own all or nearly all of the market for a given product or service; it is the most basic form of an oligopoly.

Predatory pricing violates

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掠奪性定價，超低價競爭，惡意價格競爭…

The supermarket wanted to stop a corner shop from selling a product, so it started to sell it at a much lower price.The small store did the same – it reduced the price of that product by exactly the same amount.The supermarket lowered its price further, and the very next day it was matched by the little store. Clear explanations of natural written and spoken English Click on the arrows to change the translation direction.

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