In the United States, predatory pricing occurs when
A) A foreign company dumps product in the United States at prices below the market value in the country where they were manufactured
B) Two organizations conspire to set prices
C) An organization prices products or services very low to drive out competition and increase market share
D) An organization sets a low price to introduce a new product

Question

Quizplus · Accepted Answer

Predatory pricing involves setting prices very low with the intent to eliminate competition and gain a larger market share, which can be considered anti-competitive behavior.

In the United States, Predatory Pricing Occurs When