Predatory pricing involves pricing below average cost. However, it is illegal under UK and European competition law.

Name: Predatory pricing involves pricing below average cost. However, it is illegal under UK and European competition law.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Predatory pricing is considered an anti-competitive practice under both UK and European competition law, as it can drive competitors out of the market and create a monopoly, harming consumers in the long run.

Predatory Pricing Involves Pricing Below Average Cost