________ pricing?that is,pricing below average or marginal cost?that is intended to drive our competitors has been held to violate Section 2 of the Sherman Act.

Question

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Predatory pricing is a pricing strategy where a company sets the price of its product below the average or marginal cost to drive out competitors. This practice is held to violate Section 2 of the Sherman Act because it harms competition and can create a monopoly.

________ Pricing?that Is,pricing Below Average or Marginal Cost?that Is Intended