Predatory pricing is
A) often effective and a relatively inexpensive means of eliminating competition.
B) legal under the U.S. antitrust laws.
C) the practice by which a large, powerful firm attempts to drive its competitors out of the market by temporarily setting an artificially low price.
D) generally more effective when barriers to entry exist.

Question

Quizplus · Accepted Answer

Predatory pricing involves setting prices low with the intent to eliminate competition, which is illegal under U.S. antitrust laws.

Predatory Pricing Is