Recall the application about laws against predatory pricing,when a firm prices below a competitor's cost always violates the antitrust laws.

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Quizplus · Accepted Answer

Pricing below a competitor's cost is not always considered illegal under antitrust laws. It only qualifies as predatory pricing if it is done with the intention of driving the competitor out of the market and then raising prices to recoup losses, which is difficult to prove in court.

Recall the Application About Laws Against Predatory Pricing,when a Firm