In the United States, illegal pricing practices include I. Dumping
II. Market-based pricing
III. Predatory pricing
A) I and II
B) II and III
C) I and III
D) I, II, and III

Question

Quizplus · Accepted Answer

Dumping and predatory pricing are considered illegal pricing practices in the United States. Dumping involves selling products in a foreign market at a price lower than in the domestic market or below cost, harming local industries. Predatory pricing involves setting prices low with the intent to eliminate competition and then raising prices. Market-based pricing is a legal and common practice.

In the United States, Illegal Pricing Practices Include I